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According to the public record, 5, Langham Way, Ivybridge is a mid-century freehold house with 796 ft2 of internal area.
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 5, Langham Way, Ivybridge is £281,181 and the estimated rental value is £1,163 per month.
Langham Way, Ivybridge, PL21 is located in the borough of South Hams within the PL21 postal district.
5, Langham Way, Ivybridge has a single entry in the Land Registry from September 2018 and a single entry in the EPC database dated April 2018.
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 5, Langham Way, Ivybridge is in very good condition we estimate a sale value of £295,240 and a rental value of £1,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,499 and a rental value of £1,082 per month.
Over the last 12 months the sale value of 5 Langham Way Ivybridge has increased by an estimated £513 (0.2%) and its rental value has increased by an estimated £59 per month (5.0%), giving an expected gross yield of 5%.
5, Langham Way, Ivybridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Langham Way, Ivybridge was last sold on 25th September 2018 for £210,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2018, the market for similar properties has risen 29.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Langham Way, Ivybridge within a radius of 680 metres over the last 2 years.
The most recent example is 11, Langham Way, Ivybridge, PL21 9BX, a freehold house which sold for £260,000 on the 21st June 2024.
Read more about house prices in PL21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Langham Way, Ivybridge, PL21 has a total of 72 addresses. According to our analysis of all the public data, 5, Langham Way, Ivybridge is the 63rd largest and the 51st most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in PL21.
The closest station to 5, Langham Way, Ivybridge is Ivybridge station which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 5, Langham Way, Ivybridge, 47.0% of property is privately owned with a mortgage and 40.9% is privately owned outright.
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 5, Langham Way, Ivybridge, 17.8% of residents are recorded as possessing school level qualifications and 35.6% 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 5, Langham Way, Ivybridge, the average age was 43.1 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 5, Langham 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 5, Langham Way, Ivybridge, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.