1 Parsonage Cottages, Ivybridge
1 Parsonage Cottages, Ivybridge
Description & Estimates
The public record lists 1 Parsonage Cottages, Ivybridge as a freehold house.
Comparison with its neighbours suggests a modern house with 1,507 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
1 Parsonage Cottages, Ivybridge has an estimated sale value of £485,500 and an estimated rental value of £1,095 per month, assuming reasonable condition and based on the information available.
Ermington, Ivybridge, PL21 lies in the borough of South Hams, within the PL21 postal district.
Our Data Sources
1 Parsonage Cottages, Ivybridge has a single entry in the Land Registry from April 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1 Parsonage Cottages, Ivybridge would be worth £509,775, with a potential rental value of £1,150 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £451,515, with a rental value of £1,018 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1 Parsonage Cottages, Ivybridge has increased by £563 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £47 (4.3%). The property's estimated gross yield is currently 2.7%.
Sold Prices
1 Parsonage Cottages, Ivybridge last changed hands on 1st April 2022, selling for £435,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 11.4% since April 2022.
- Sold Apr 2022£435,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.9 kilometres of 1 Parsonage Cottages, Ivybridge across the last 2 years.
Most recently, 19, Pinwill Crescent, Ivybridge, PL21 9FS, a freehold house, sold at £570,000 on the 10th September 2024.
Read more about house prices in PL21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 1 Parsonage Cottages, Ivybridge as the 35th largest and the 41st most expensive of the 99 addresses on Ermington, Ivybridge, PL21.
Against the PL21 postcode district average, it is £132k more expensive than the typical property.
More reading links
Schools Nearby
- 100mErmington Primary School
- 2.3kmModbury Primary School
- 3.2kmManor Primary School, Ivybridge
- 3.5kmIvybridge Community College
- 10.0kmPlympton Academy
- 11.1kmHele's School
More reading links
Public Transport Nearby
Ivybridge station is the nearest stop to 1 Parsonage Cottages, Ivybridge at 3.8 kilometres away.
- 3.8kmIvybridge
- 16.1kmPlymouth
- 18.1kmDevonport
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
