2, Old Way
2, Old Way
Description & Estimates
2, Old Way, Ivybridge is recorded publicly as a modern freehold house across 1,259 ft2 of internal area, sitting on a 308 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Old Way, Ivybridge is £478,403 and its rental estimate is £1,163 per month, given the available information and assuming reasonable condition.
Old Way, Filham, Ivybridge, PL21 falls within the PL21 postal district, in the borough of South Hams.
Our Data Sources
2, Old Way, Ivybridge has 2 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 2, Old Way, Ivybridge, we estimate a market value of £502,323 and a rental value of £1,222 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £444,915 and £1,082 per month respectively.
Recent Market Change
Over the last year, 2, Old Way, Ivybridge has seen its estimated sale value rise by £555 (0.1%) and its estimated rental value move up by £50 per month (4.3%). This results in an estimated gross rental yield of 2.9%.
Plot Size
HM Land Registry records the plot of land for 2, Old Way, Ivybridge as measuring 308 m2.
That makes it the largest plot in the postcode, where 1 of the 10 other houses have recorded plot data.
Energy Efficiency
2, Old Way, Ivybridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Old Way, Ivybridge completed on 26th July 2024 at £500,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 7.2% over the period since July 2024.
- Sold Jul 2024£500,000
- Sold May 2022£435,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Old Way, Ivybridge have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th December 2025, was 27, Furzeland, Ivybridge, PL21 0XD, a freehold house which sold for £475,000.
Read more about house prices in PL21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on Old Way, Filham, Ivybridge, PL21, 2, Old Way, Ivybridge comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £125k more expensive than the average property across the PL21 district.
More reading links
Schools Nearby
- 1.2kmStowford School
- 1.8kmThe Erme Primary School
- 2.1kmManor Primary School, Ivybridge
- 1.5kmIvybridge Community College
- 11.0kmPlympton Academy
- 12.0kmHele's School
More reading links
Public Transport Nearby
From 2, Old Way, Ivybridge, the nearest station is Ivybridge, 800 metres away.
- 800mIvybridge
- 15.6kmTotnes
- 17.6kmPlymouth
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
