55, CLEEVE DRIVE, IVYBRIDGE, PL21 9BP - £221,000

55 CLEEVE DRIVE is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £221,000 in September 2014, which was around 45% below the average September 2014 detached price in the South Hams local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

55 CLEEVE DRIVE Sold Prices

Land registry data shows three sales for 55 CLEEVE DRIVE 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 55 CLEEVE DRIVE 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
2014 23 SEP	£221,000	£402,248	45% below HPI
2003 15 JAN	£177,000	£264,209	33% below HPI
2001 12 DEC	£162,000	£195,365	17% below HPI

55 CLEEVE DRIVE 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 55 CLEEVE DRIVE sales between December 2001 and September 2014 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 January 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2014 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 55 CLEEVE DRIVE?

55 CLEEVE DRIVE is 57m² according to the EPC inspection conducted in February 2012. 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 55 CLEEVE DRIVE lies on this distribution: 1% of detached houses are smaller than 55 CLEEVE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ivybridge.

55 CLEEVE DRIVE: Plot and Title Map

55 CLEEVE DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 55 CLEEVE DRIVE, 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 55 CLEEVE DRIVE). 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 55 CLEEVE DRIVE?

55 CLEEVE DRIVE is located in IVYBRIDGE, in the PL21 postcode district. The below map shows the position of No. 55 on CLEEVE DRIVE.