10, PADDOCK DRIVE, IVYBRIDGE, PL21 0UB - £157,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 PADDOCK DRIVE is a very small semi-detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £230,662. It was last sold for £157,500 in December 2013, which was around 34% below the average December 2013 semi-detached price in the South Hams local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

10 PADDOCK DRIVE Sold Prices

Land registry data shows four sales for 10 PADDOCK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Hams local authority area for the corresponding sale date. All of the four 10 PADDOCK DRIVE 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
2013 13 DEC	£157,500	£239,723	34% below HPI
2009 29 MAY	£135,000	£205,342	34% below HPI
2005 15 APR	£144,000	£200,076	28% below HPI
1995 23 JUN	£48,500	£60,916	20% below HPI

10 PADDOCK DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Hams local authority area over time, sourced from the HPI. The four 10 PADDOCK DRIVE sales between June 1995 and December 2013 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 May 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2013 sale, which was also at 34% below the HPI.

What might 10 PADDOCK DRIVE be worth now?

10 PADDOCK DRIVE might now be worth an estimated £230,662.

This is based on house price inflation of 46.5%, between December 2013 and May 2026, for semi-detached houses, in the South Hams local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.5% inflationary increase is applied to the most recent sale price for 10 PADDOCK DRIVE of £157,500 on 13th December 2013. For the value to have increased from £157,500 to £230,662 over the thirteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 10 PADDOCK DRIVE has moved in line with the HPI for semi-detached houses in the South Hams local authority area.
• The December 2013 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 10 PADDOCK DRIVE has not materially changed since December 2013.

How Large is 10 PADDOCK DRIVE?

10 PADDOCK DRIVE is 56m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of semi-detached houses houses in Ivybridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ivybridge, and where 10 PADDOCK DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 10 PADDOCK DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

10 PADDOCK DRIVE: Plot and Title Map

10 PADDOCK DRIVE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 10 PADDOCK DRIVE, 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 10 PADDOCK DRIVE). 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 10 PADDOCK DRIVE?

10 PADDOCK DRIVE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 10 on PADDOCK DRIVE.