47, TORRE CLOSE, IVYBRIDGE, PL21 0BX - £217,500

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.

47 TORRE CLOSE is a small extended semi-detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £299,338. It was last sold for £217,500 in June 2017, which was around 15% below the average June 2017 semi-detached price in the South Hams local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

47 TORRE CLOSE Sold Prices

Land registry data shows three sales for 47 TORRE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Hams local authority area for the corresponding sale date. All of the three 47 TORRE CLOSE 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
2017 27 JUN	£217,500	£255,095	15% below HPI
2004 10 SEP	£182,000	£210,618	14% below HPI
2003 31 OCT	£155,000	£168,197	8% below HPI

47 TORRE CLOSE 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 three 47 TORRE CLOSE sales between October 2003 and June 2017 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 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 47 TORRE CLOSE be worth now?

47 TORRE CLOSE might now be worth an estimated £299,338.

This is based on house price inflation of 37.6%, between June 2017 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 37.6% inflationary increase is applied to the most recent sale price for 47 TORRE CLOSE of £217,500 on 27th June 2017. For the value to have increased from £217,500 to £299,338 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 47 TORRE CLOSE has moved in line with the HPI for semi-detached houses in the South Hams local authority area.
• The June 2017 sale price of £217,500 represented a fair market value for the property.
• The size, condition, and specification of 47 TORRE CLOSE has not materially changed since June 2017.

How Large is 47 TORRE CLOSE?

47 TORRE CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% 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 47 TORRE CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 47 TORRE CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

47 TORRE CLOSE: Plot and Title Map

47 TORRE CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 47 TORRE CLOSE, 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 47 TORRE CLOSE). 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 47 TORRE CLOSE?

47 TORRE CLOSE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 47 on TORRE CLOSE.