According to the public record, 3, Shortlands Way, Ivybridge is a modern freehold house and with 1,130 ft2 of internal area and sits on a 235 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Shortlands Way, Ivybridge, PL21 is located in the borough of South Hams within the PL21 postal district.
3, Shortlands Way, Ivybridge has a single entry in the Land Registry database from December 2020 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 3 Shortlands Way Ivybridge as £384,037 and the rental value as £1,171 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 3 Shortlands Way Ivybridge has increased by £5,255 (1.4%) and its rental value has increased by £17 per month (1.4%).
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, Shortlands Way, Ivybridge is in very good condition we estimate a sale value of £403,239 and rental value of £1,230 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,154 and a rental value of £1,089 per month.
If you were able to purchase this property for the estimated value of £384,037, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,887 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 3, Shortlands Way, Ivybridge sits on a plot of 235m2.
We have plot size data on 40 out of 40 other houses in the postcode and 3, Shortlands Way, Ivybridge sits on the 18th largest plot.
According to HM Land Registry, 3, Shortlands Way, Ivybridge was last sold on 17 Dec 2020 for £349,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2020, the market for similar properties has risen 14.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Shortlands Way, Ivybridge within a radius of 68m over the last 2 years.
The most recent example is 9, Shortlands Way, Ivybridge, PL21 0GL, a Freehold house which sold for £344,995 in Jan 2021.
Read more about house prices in PL21.
Shortlands Way, Ivybridge, PL21 has a total of 40 addresses. According to our analysis of all the public data, 3, Shortlands Way, Ivybridge is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £44k more expensive than the average property in PL21.
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 a boiler and radiators.
The closest station to 3, Shortlands Way, Ivybridge is Ivybridge station which is 900 m 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, Shortlands Way, Ivybridge, 46.2% of property is privately owned with a mortgage and 37.9% is privately owned outright.
The graph below shows how this compares to Greater London 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, Shortlands Way, Ivybridge, 14.5% of residents are recorded as possessing school level qualifications and 55.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Shortlands Way, 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, Shortlands Way, Ivybridge, 0.6% 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, Shortlands Way, Ivybridge, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.