2, OKEHAMPTON WAY, IVYBRIDGE, PL21 0YN - £415,000

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 OKEHAMPTON WAY is a midsized detached house of 114m², built sometime between 1996 and 2002, which could now be worth an estimated £410,089. It was last sold for £415,000 in July 2024, which was around 28% below the average July 2024 detached price in the South Hams local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

2 OKEHAMPTON WAY Sold Prices

Land registry data shows three sales for 2 OKEHAMPTON WAY 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 2 OKEHAMPTON WAY 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
2024 19 JUL	£415,000	£573,887	28% below HPI
2003 10 JAN	£210,000	£269,244	22% below HPI
1996 16 AUG	£99,000	£100,380	1% below HPI

2 OKEHAMPTON WAY 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 2 OKEHAMPTON WAY sales between August 1996 and July 2024 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 January 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2 OKEHAMPTON WAY be worth now?

2 OKEHAMPTON WAY might now be worth an estimated £410,089.

This is based on house price deflation of 1.2%, between July 2024 and April 2026, 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 1.2% deflationary decrease is applied to the most recent sale price for 2 OKEHAMPTON WAY of £415,000 on 19th July 2024. For the value to have decreased from £415,000 to £410,089 over the two years and three months to April 2026, the following assumptions must hold true:

• The value of 2 OKEHAMPTON WAY has moved in line with the HPI for detached houses in the South Hams local authority area.
• The July 2024 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OKEHAMPTON WAY has not materially changed since July 2024.

How Large is 2 OKEHAMPTON WAY?

2 OKEHAMPTON WAY is 114m² according to the EPC inspection conducted in February 2023. This puts it in the largest 50% of detached houses houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ivybridge, and where 2 OKEHAMPTON WAY lies on this distribution: 55% of detached houses houses are smaller than 2 OKEHAMPTON WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

2 OKEHAMPTON WAY: Plot and Title Map

2 OKEHAMPTON WAY sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 2 OKEHAMPTON WAY, 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 OKEHAMPTON WAY). 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 OKEHAMPTON WAY?

2 OKEHAMPTON WAY is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 2 on OKEHAMPTON WAY.