48, FAIRWAY AVENUE, IVYBRIDGE, PL21 9JF - £270,000

48 FAIRWAY AVENUE is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £270,000 in December 2021, which was around 51% below the average December 2021 detached price in the South Hams local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

48 FAIRWAY AVENUE Sold Prices

Land registry data shows two sales for 48 FAIRWAY AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two 48 FAIRWAY AVENUE 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 8 DEC	£270,000	£552,016	51% below HPI
1997 30 MAY	£52,000	£109,469	52% below HPI

48 FAIRWAY AVENUE 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 two 48 FAIRWAY AVENUE sales from May 1997 and December 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 May 1997 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the December 2021 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

How Large is 48 FAIRWAY AVENUE?

48 FAIRWAY AVENUE is 61m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses by size in Ivybridge, and where 48 FAIRWAY AVENUE lies on this distribution: 1% of detached houses are smaller than 48 FAIRWAY AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

48 FAIRWAY AVENUE: Plot and Title Map

48 FAIRWAY AVENUE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 48 FAIRWAY AVENUE, 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 48 FAIRWAY AVENUE). 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 48 FAIRWAY AVENUE?

48 FAIRWAY AVENUE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 48 on FAIRWAY AVENUE.