50, GORSE WAY, IVYBRIDGE, PL21 0GA - £345,000

50 GORSE WAY is a midsized detached house of 106m², built sometime between 1996 and 2002. It was last sold for £345,000 in February 2022, which was around 37% below the average February 2022 detached price in the South Hams local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

50 GORSE WAY Sold Prices

Land registry data shows five sales for 50 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 50 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
2022 3 FEB	£345,000	£545,646	37% below HPI
2013 15 MAR	£241,000	£357,033	32% below HPI
2000 28 SEP	£110,500	£162,456	32% below HPI
1999 10 SEP	£92,500	£137,094	33% below HPI
1997 14 NOV	£86,950	£118,784	27% below HPI

50 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 50 GORSE WAY sales between November 1997 and February 2022 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 March 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 50 GORSE WAY?

50 GORSE WAY is 106m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 50% of detached houses in Ivybridge, based on EPC data. The below chart shows the distribution of detached houses by size in Ivybridge, and where 50 GORSE WAY lies on this distribution: 43% of detached houses are smaller than 50 GORSE WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

50 GORSE WAY: Plot and Title Map

50 GORSE WAY sits on a plot of roughly 0.042 of an acre, or 172m². The below map shows the location of 50 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 50 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 50 GORSE WAY?

50 GORSE WAY is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 50 on GORSE WAY.