3, Shortlands Way
3, Shortlands Way
Description & Estimates
Public records show 3, Shortlands Way, Ivybridge to be a modern freehold house with 1,130 ft2 of internal area, sitting on a 235 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Shortlands Way, Ivybridge has an estimated sale value of £387,619 and an estimated rental value of £1,208 per month, assuming reasonable condition and based on the information available.
Shortlands Way, Ivybridge, PL21 lies in the borough of South Hams, within the PL21 postal district.
Our Data Sources
3, 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.
Price Range & Condition
In very good condition, we estimate 3, Shortlands Way, Ivybridge would be worth £407,000, with a potential rental value of £1,268 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £360,486, with a rental value of £1,123 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 3, Shortlands Way, Ivybridge has increased by £708 (0.2%) over the last year. During the same period, its estimated monthly rental value has grown by £61 (5.0%). The property's estimated gross yield is currently 3.7%.
Plot Size
3, Shortlands Way, Ivybridge occupies a 235 m2 plot as recorded by HM Land Registry.
Of the 40 other houses in this postcode, 30 have recorded plot sizes, and this one ranks as the 17th largest.
Energy Efficiency
3, Shortlands Way, Ivybridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Shortlands Way, Ivybridge last changed hands on 17th December 2020, selling for £349,995. 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 risen by 17.4% since December 2020.
- Sold Dec 2020£349,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 770 metres of 3, Shortlands Way, Ivybridge across the last 2 years.
Most recently, 9, Shortlands Way, Ivybridge, PL21 0GL, a freehold house, sold at £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.
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Location Comparison
Our analysis of the public data ranks 3, Shortlands Way, Ivybridge as the 19th largest and the 19th most expensive of the 40 addresses on Shortlands Way, Ivybridge, PL21.
Against the PL21 postcode district average, it is £34k more expensive than the typical property.
More reading links
Schools Nearby
- 900mStowford School
- 1.3kmThe Erme Primary School
- 1.4kmManor Primary School, Ivybridge
- 1.0kmIvybridge Community College
- 10.3kmPlympton Academy
- 11.3kmHele's School
More reading links
Public Transport Nearby
Ivybridge station is the nearest stop to 3, Shortlands Way, Ivybridge at 900 metres away.
- 900mIvybridge
- 16.4kmTotnes
- 16.8kmPlymouth
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
