2, FORE STREET, CORNWOOD, IVYBRIDGE, PL21 9PY - £247,000

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 FORE STREET is a small extended terraced house of 97m², built sometime before 1900, which could now be worth an estimated £349,568. It was last sold for £247,000 in September 2008, which was around 21% above the average September 2008 terraced price in the South Hams local authority area. The most recent EPC inspection was May 2012, where the current energy rating was F, and the potential energy rating was D.

2 FORE STREET Sold Prices

Land registry data shows three sales for 2 FORE STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Hams local authority area for the corresponding sale date. All of the three 2 FORE STREET sales were for above 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
2008 19 SEP	£247,000	£203,520	21% above HPI
2001 20 AUG	£145,000	£94,553	53% above HPI
2000 14 JUL	£135,000	£78,848	71% above HPI

2 FORE STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Hams local authority area over time, sourced from the HPI. The three 2 FORE STREET sales between July 2000 and September 2008 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 August 2001 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the September 2008 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 2 FORE STREET be worth now?

2 FORE STREET might now be worth an estimated £349,568.

This is based on house price inflation of 41.5%, between September 2008 and May 2026, for terraced 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 41.5% inflationary increase is applied to the most recent sale price for 2 FORE STREET of £247,000 on 19th September 2008. For the value to have increased from £247,000 to £349,568 over the eighteen years and four months to May 2026, the following assumptions must hold true:

• The value of 2 FORE STREET has moved in line with the HPI for terraced houses in the South Hams local authority area.
• The September 2008 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FORE STREET has not materially changed since September 2008.

How Large is 2 FORE STREET?

2 FORE STREET is 97m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% of terraced houses houses in Cornwood, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cornwood, and where 2 FORE STREET lies on this distribution: 21% of terraced houses houses are smaller than 2 FORE STREET, and 76% of houses are larger. Note that EPC data is not available for all properties in Cornwood.

2 FORE STREET: Plot and Title Map

2 FORE STREET sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 FORE STREET, 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 FORE STREET). 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 FORE STREET?

2 FORE STREET is located in CORNWOOD, in the PL21 postcode district. The below map shows the position of No. 2 on FORE STREET.