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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, 3 Gills Cottages, Ivybridge is a period freehold house with 645 ft2 of internal area and sits on a 356 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3 Gills Cottages, Ivybridge is £262,475 and the estimated rental value is £966 per month.
Lutton, Ivybridge, PL21 is located in the borough of South Hams within the PL21 postal district.
3 Gills Cottages, Ivybridge has 31 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated February 2023.
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.
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 3 Gills Cottages, Ivybridge is in very good condition we estimate a sale value of £275,598 and a rental value of £1,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,101 and a rental value of £899 per month.
Over the last 12 months the sale value of 3 Gills Cottages Ivybridge has increased by an estimated £4,013 (1.5%) and its rental value has increased by an estimated £51 per month (5.3%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 3 Gills Cottages, Ivybridge sits on a plot of 356m2.
We have plot size data on 4 out of 5 other houses in the postcode and 3 Gills Cottages, Ivybridge sits on the 2nd largest plot.
3 Gills Cottages, Ivybridge has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 28 Feb 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 3 Gills Cottages, Ivybridge was last sold on 7th July 2023 for £250,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since July 2023, the market for similar properties has risen 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Gills Cottages, Ivybridge within a radius of 4.0 kilometres over the last 2 years.
The most recent example is 2 Gills Cottages, Ivybridge, PL21 9SL, a freehold house which sold for £250,000 on the 18th July 2024.
Read more about house prices in PL21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lutton, Ivybridge, PL21 has a total of 51 addresses. According to our analysis of all the public data, 3 Gills Cottages, Ivybridge is the 36th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in PL21.
The closest station to 3 Gills Cottages, Ivybridge is Ivybridge station which is 6.0 kilometres 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 3 Gills Cottages, Ivybridge, 47.2% of property is privately owned outright and 36.0% is privately owned with a mortgage.
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 3 Gills Cottages, Ivybridge, 7.6% of residents are recorded as possessing school level qualifications and 44.2% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3 Gills Cottages, Ivybridge, the average age was 46.3 and the most common age was 57.
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 3 Gills Cottages, Ivybridge, 2.3% 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 3 Gills Cottages, Ivybridge, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
