1 Gills Cottages, Ivybridge
1 Gills Cottages, Ivybridge
Description & Estimates
1 Gills Cottages, Ivybridge is recorded publicly as a period freehold house across 592 ft2 of internal area, sitting on a 259 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1 Gills Cottages, Ivybridge is £250,547 and its rental estimate is £922 per month, given the available information and assuming reasonable condition.
Lutton, Ivybridge, PL21 falls within the PL21 postal district, in the borough of South Hams.
Our Data Sources
1 Gills Cottages, Ivybridge has 51 entries in the Land Registry , most recently in March 2018 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1 Gills Cottages, Ivybridge, we estimate a market value of £263,075 and a rental value of £968 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £233,009 and £858 per month respectively.
Recent Market Change
Over the last year, 1 Gills Cottages, Ivybridge has seen its estimated sale value increase by £3,830 (1.5%) and its estimated rental value grow by £49 per month (5.3%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 1 Gills Cottages, Ivybridge as measuring 259 m2.
That makes it the 3rd largest plot in the postcode, where 4 of the 5 other houses have recorded plot data.
Energy Efficiency
1 Gills Cottages, Ivybridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 1 Gills Cottages, Ivybridge completed on 16th March 2018 at £210,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 32.8% over the period since March 2018.
- Sold Mar 2018£210,000
- Sold Jun 2015£210,000
- Sold Aug 2012£187,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1 Gills Cottages, Ivybridge have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th July 2024, was 2 Gills Cottages, Ivybridge, PL21 9SL, a freehold house which sold for £250,000.
Read more about house prices in PL21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 51 addresses on Lutton, Ivybridge, PL21, 1 Gills Cottages, Ivybridge comes out as the 42nd largest and the 36th most expensive in our analysis of the public data.
It is also £103k less expensive than the average property across the PL21 district.
More reading links
Schools Nearby
- 1.5kmCornwood Church of England Primary School
- 2.0kmSparkwell All Saints Primary School
- 4.2kmWoodlands Park Primary School
- 5.3kmIvybridge Community College
- 5.7kmPlympton Academy
- 6.5kmHele's School
More reading links
Public Transport Nearby
From 1 Gills Cottages, Ivybridge, the nearest station is Ivybridge, 6.0 kilometres away.
- 6.0kmIvybridge
- 12.2kmPlymouth
- 14.1kmDevonport
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
