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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Shortlands Way, Ivybridge is a modern freehold house with 1,130 ft2 of internal area and sits on a 223 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Shortlands Way, Ivybridge is £387,619 and the estimated rental value is £1,208 per month.
Shortlands Way, Ivybridge, PL21 is located in the borough of South Hams within the PL21 postal district.
2, Shortlands Way, Ivybridge has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Shortlands Way, Ivybridge is in very good condition we estimate a sale value of £407,000 and a rental value of £1,268 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,486 and a rental value of £1,123 per month.
Over the last 12 months the sale value of 2 Shortlands Way Ivybridge has increased by an estimated £708 (0.2%) and its rental value has increased by an estimated £61 per month (5.0%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, Shortlands Way, Ivybridge sits on a plot of 223m2.
We have plot size data on 30 out of 40 other houses in the postcode and 2, Shortlands Way, Ivybridge sits on the 20th largest plot.
2, Shortlands Way, Ivybridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Shortlands Way, Ivybridge was last sold on 17th December 2020 for £352,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Shortlands Way, Ivybridge within a radius of 770 metres over the last 2 years.
The most recent example is 9, Shortlands Way, Ivybridge, PL21 0GL, a freehold house which sold for £344,995 on the 22nd January 2021.
Read more about house prices in PL21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shortlands Way, Ivybridge, PL21 has a total of 40 addresses. According to our analysis of all the public data, 2, Shortlands Way, Ivybridge is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in PL21.
The closest station to 2, Shortlands Way, Ivybridge is Ivybridge station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Shortlands Way, Ivybridge, % of property is and % is .
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Shortlands Way, Ivybridge, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Shortlands Way, Ivybridge, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Shortlands Way, Ivybridge, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
