THE SPINNEY, BOND STREET, CORNWOOD, IVYBRIDGE, PL21 9QE - £310,000

THE SPINNEY is a small detached house of 118m², built sometime between 1967 and 1975. It was last sold for £310,000 in March 2016, which was around 31% below the average March 2016 detached price in the South Hams local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was B.

THE SPINNEY Sold Prices

Land registry data shows two sales for THE SPINNEY 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 THE SPINNEY 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
2016 11 MAR	£310,000	£446,352	31% below HPI
2006 6 JUL	£280,000	£340,717	18% below HPI

THE SPINNEY 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 THE SPINNEY sales from July 2006 and March 2016 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 July 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is THE SPINNEY?

THE SPINNEY is 118m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of detached houses in Cornwood, based on EPC data. The below chart shows the distribution of detached houses by size in Cornwood, and where THE SPINNEY lies on this distribution: 36% of detached houses are smaller than THE SPINNEY, and 61% of houses are larger. Note that EPC data is not available for all properties in Cornwood.

THE SPINNEY: Plot and Title Map

THE SPINNEY sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

THE SPINNEY is located on BOND STREET in CORNWOOD, in the PL21 postcode district. The below map shows the position of THE SPINNEY on BOND STREET.