THREEWAYS, BITTAFORD, IVYBRIDGE, PL21 0ES - £190,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THREEWAYS is a midsized extended semi-detached house of 120m², built sometime before 1900. It was last sold for £190,000 in June 2019, which was around 57% below the average June 2019 detached price in the South Hams local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was D.

THREEWAYS Sold Prices

Land registry data shows three sales for THREEWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the three THREEWAYS 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
2019 28 JUN	£190,000	£438,574	57% below HPI
2013 13 SEP	£164,450	£365,186	55% below HPI
2002 22 MAY	£152,000	£211,349	28% below HPI

THREEWAYS 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 three THREEWAYS sales between May 2002 and June 2019 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 September 2013 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the June 2019 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is THREEWAYS?

THREEWAYS is 120m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 40% of detached houses in Bittaford, based on EPC data. The below chart shows the distribution of detached houses by size in Bittaford, and where THREEWAYS lies on this distribution: 40% of detached houses are smaller than THREEWAYS, and 60% of houses are larger. Note that EPC data is not available for all properties in Bittaford.

THREEWAYS: Plot and Title Map

THREEWAYS sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of THREEWAYS, 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 THREEWAYS). 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 THREEWAYS?

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