21, WOOLMS MEADOW, IVYBRIDGE, PL21 9UF - £205,000

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.

21 WOOLMS MEADOW is a very small semi-detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £258,788. It was last sold for £205,000 in May 2018, which was around 26% below the average May 2018 semi-detached price in the South Hams local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

21 WOOLMS MEADOW Sold Prices

Land registry data shows six sales for 21 WOOLMS MEADOW since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the South Hams local authority area for the corresponding sale date. All of the six 21 WOOLMS MEADOW 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
2018 31 MAY	£205,000	£278,109	26% below HPI
2016 24 OCT	£193,000	£264,228	27% below HPI
2007 13 SEP	£191,000	£255,031	25% below HPI
2005 11 MAY	£159,000	£198,659	20% below HPI
1998 29 SEP	£55,000	£76,314	28% below HPI
1996 12 JUL	£50,000	£61,196	18% below HPI

21 WOOLMS MEADOW 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 six 21 WOOLMS MEADOW sales between July 1996 and May 2018 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 October 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 21 WOOLMS MEADOW be worth now?

21 WOOLMS MEADOW might now be worth an estimated £258,788.

This is based on house price inflation of 26.2%, between May 2018 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 26.2% inflationary increase is applied to the most recent sale price for 21 WOOLMS MEADOW of £205,000 on 31st May 2018. For the value to have increased from £205,000 to £258,788 over the eight years to May 2026, the following assumptions must hold true:

• The value of 21 WOOLMS MEADOW has moved in line with the HPI for semi-detached houses in the South Hams local authority area.
• The May 2018 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 21 WOOLMS MEADOW has not materially changed since May 2018.

How Large is 21 WOOLMS MEADOW?

21 WOOLMS MEADOW is 70m² according to the EPC inspection conducted in May 2016. 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 21 WOOLMS MEADOW lies on this distribution: 3% of semi-detached houses houses are smaller than 21 WOOLMS MEADOW, and 97% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

21 WOOLMS MEADOW: Plot and Title Map

21 WOOLMS MEADOW sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 21 WOOLMS MEADOW, 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 21 WOOLMS MEADOW). 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 21 WOOLMS MEADOW?

21 WOOLMS MEADOW is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 21 on WOOLMS MEADOW.