40, COLE LANE, IVYBRIDGE, PL21 0PN - £335,000

40 COLE LANE is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £335,000 in June 2021, which was around 34% below the average June 2021 detached price in the South Hams local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

40 COLE LANE Sold Prices

Land registry data shows three sales for 40 COLE LANE 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 40 COLE LANE 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
2021 24 JUN	£335,000	£508,256	34% below HPI
1999 3 SEP	£90,000	£137,094	34% below HPI
1997 10 OCT	£91,500	£118,383	23% below HPI

40 COLE LANE 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 40 COLE LANE sales between October 1997 and June 2021 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 1999 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2021 sale, which was also at 34% below the HPI.

How Large is 40 COLE LANE?

40 COLE LANE is 90m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% of detached houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses by size in Ivybridge, and where 40 COLE LANE lies on this distribution: 22% of detached houses are smaller than 40 COLE LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

40 COLE LANE: Plot and Title Map

40 COLE LANE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 40 COLE LANE, 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 40 COLE LANE). 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 40 COLE LANE?

40 COLE LANE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 40 on COLE LANE.