THE PLATT, BITTAFORD, IVYBRIDGE, PL21 0EA - £382,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE PLATT is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £382,000 in August 2021, which was around 23% below the average August 2021 detached price in the South Hams local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

THE PLATT Sold Prices

Land registry data shows two sales for THE PLATT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two THE PLATT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 9 AUG	£382,000	£498,252	23% below HPI
1996 1 NOV	£54,000	£106,121	49% below HPI

THE PLATT Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two THE PLATT sales from November 1996 and August 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1996 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the August 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is THE PLATT?

THE PLATT is 95m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of detached houses in Bittaford, based on EPC data. The below chart shows the distribution of detached houses by size in Bittaford, and where THE PLATT lies on this distribution: 21% of detached houses are smaller than THE PLATT, and 79% of houses are larger. Note that EPC data is not available for all properties in Bittaford.

THE PLATT: Plot and Title Map

THE PLATT sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of THE PLATT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE PLATT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE PLATT?

THE PLATT is located in BITTAFORD, in the PL21 postcode district. The below map shows the position of THE PLATT in BITTAFORD.