29, OKEHAMPTON WAY, IVYBRIDGE, PL21 0YN - £200,000

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.

29 OKEHAMPTON WAY is a very small extended terraced house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £240,418. It was last sold for £200,000 in March 2016, which was around 17% below the average March 2016 terraced price in the South Hams local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

29 OKEHAMPTON WAY Sold Prices

Land registry data shows three sales for 29 OKEHAMPTON WAY 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. Two of the three 29 OKEHAMPTON WAY sales were for below the average price, whilst one was 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
2016 24 MAR	£200,000	£239,610	17% below HPI
2012 24 FEB	£175,000	£194,722	10% below HPI
1996 17 SEP	£58,000	£51,483	13% above HPI

29 OKEHAMPTON WAY 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 29 OKEHAMPTON WAY sales between September 1996 and March 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 February 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 29 OKEHAMPTON WAY be worth now?

29 OKEHAMPTON WAY might now be worth an estimated £240,418.

This is based on house price inflation of 20.2%, between March 2016 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 20.2% inflationary increase is applied to the most recent sale price for 29 OKEHAMPTON WAY of £200,000 on 24th March 2016. For the value to have increased from £200,000 to £240,418 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 29 OKEHAMPTON WAY has moved in line with the HPI for terraced houses in the South Hams local authority area.
• The March 2016 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 29 OKEHAMPTON WAY has not materially changed since March 2016.

How Large is 29 OKEHAMPTON WAY?

29 OKEHAMPTON WAY is 76m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of terraced houses houses in Ivybridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ivybridge, and where 29 OKEHAMPTON WAY lies on this distribution: 7% of terraced houses houses are smaller than 29 OKEHAMPTON WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

29 OKEHAMPTON WAY: Plot and Title Map

29 OKEHAMPTON WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 29 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 29 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 29 OKEHAMPTON WAY?

29 OKEHAMPTON WAY is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 29 on OKEHAMPTON WAY.