2, CROMWELL PARK, MODBURY, IVYBRIDGE, PL21 0RS - £427,000

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.

2 CROMWELL PARK is a midsized extended detached house of 137m², built sometime between 1967 and 1975, which could now be worth an estimated £545,459. It was last sold for £427,000 in January 2016, which was around 2% below the average January 2016 detached price in the South Hams local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 CROMWELL PARK Sold Prices

Land registry data shows two sales for 2 CROMWELL PARK 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 2 CROMWELL PARK 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
2016 4 JAN	£427,000	£434,225	2% below HPI
2001 14 SEP	£195,000	£204,893	5% below HPI

2 CROMWELL PARK 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 2 CROMWELL PARK sales from September 2001 and January 2016 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 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2016 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 2 CROMWELL PARK be worth now?

2 CROMWELL PARK might now be worth an estimated £545,459.

This is based on house price inflation of 27.7%, between January 2016 and October 2025, for 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 27.7% inflationary increase is applied to the most recent sale price for 2 CROMWELL PARK of £427,000 on 4th January 2016. For the value to have increased from £427,000 to £545,459 over the eight years and three months to October 2025, the following assumptions must hold true:

• The value of 2 CROMWELL PARK has moved in line with the HPI for detached houses in the South Hams local authority area.
• The January 2016 sale price of £427,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CROMWELL PARK has not materially changed since January 2016.

How Large is 2 CROMWELL PARK?

2 CROMWELL PARK is 137m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 50% of detached houses houses in Modbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Modbury, and where 2 CROMWELL PARK lies on this distribution: 56% of detached houses houses are smaller than 2 CROMWELL PARK, and 44% of houses are larger. Note that EPC data is not available for all properties in Modbury.

2 CROMWELL PARK: Plot and Title Map

2 CROMWELL PARK sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 2 CROMWELL PARK, 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 2 CROMWELL PARK). 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 2 CROMWELL PARK?

2 CROMWELL PARK is located in MODBURY, in the PL21 postcode district. The below map shows the position of No. 2 on CROMWELL PARK.