4, Shortlands Way
4, Shortlands Way
Description & Estimates
According to the public record, 4, Shortlands Way, Ivybridge is a modern freehold house with 1,130 ft2 of internal area and sits on a 239 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 4, 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.
Our Data Sources
4, 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
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 4, 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.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Shortlands Way, Ivybridge has increased by £708 (0.2%), while its estimated rental value has grown by £61 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 3.7%.
Plot Size
According to data from HM Land Registry, 4, Shortlands Way, Ivybridge sits on a plot of 239 m2.
We have plot size data on 30 out of 40 other houses in the postcode and 4, Shortlands Way, Ivybridge sits on the 15th largest plot.
Energy Efficiency
4, 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
According to HM Land Registry, 4, Shortlands Way, Ivybridge was last sold on 18th December 2020 for £349,995 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 by 17.4%.
- Sold Dec 2020£349,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Shortlands Way, Ivybridge within a radius of 780 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.
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Location Comparison
Shortlands Way, Ivybridge, PL21 has a total of 40 addresses. According to our analysis of all the public data, 4, Shortlands Way, Ivybridge is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in PL21.
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
The closest station to 4, Shortlands Way, Ivybridge is Ivybridge station, which is 900 metres away.
- 900mIvybridge
- 16.4kmTotnes
- 16.8kmPlymouth
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
