46, GORSE WAY, IVYBRIDGE, PL21 0GA - £425,000

46 GORSE WAY is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £425,000 in January 2023, which was around 26% below the average January 2023 detached price in the South Hams local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

46 GORSE WAY Sold Prices

Land registry data shows five sales for 46 GORSE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the five 46 GORSE 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
2023 5 JAN	£425,000	£574,213	26% below HPI
2007 17 OCT	£282,000	£401,755	30% below HPI
2007 31 MAY	£249,750	£367,370	32% below HPI
1999 26 OCT	£101,000	£142,398	29% below HPI
1997 17 OCT	£99,500	£118,383	16% below HPI

46 GORSE 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 five 46 GORSE WAY sales between October 1997 and January 2023 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 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 46 GORSE WAY?

46 GORSE WAY is 130m² according to the EPC inspection conducted in August 2022. This puts it in the largest 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 46 GORSE WAY lies on this distribution: 78% of detached houses are smaller than 46 GORSE WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

46 GORSE WAY: Plot and Title Map

46 GORSE WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 46 GORSE 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 46 GORSE 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 46 GORSE WAY?

46 GORSE WAY is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 46 on GORSE WAY.