According to the public record, 45, Gorse Way, Ivybridge is a modern house with 1,162 ft2 of internal area and sits on a 259 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Gorse Way, Ivybridge, PL21 is located in the borough of South Hams within the PL21 postal district.
45, Gorse Way, Ivybridge has no recent1 records in the Land Registry database and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 45 Gorse Way Ivybridge as £431,044 and the rental value as £1,114 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 45 Gorse Way Ivybridge has increased by £6,578 (1.5%) and its rental value has increased by £16 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 45, Gorse Way, Ivybridge is in very good condition we estimate a sale value of £452,596 and rental value of £1,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,871 and a rental value of £1,036 per month.
If you were able to purchase this property for the estimated value of £431,044, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,118 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, 45, Gorse Way, Ivybridge sits on a plot of 259m2.
We have plot size data on 22 out of 31 other houses in the postcode and 45, Gorse Way, Ivybridge sits on the 16th largest plot.
According to HM Land Registry, 45, Gorse Way, Ivybridge was last sold on 23 Jun 1999 for £98,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Gorse Way, Ivybridge within a radius of 167m over the last 2 years.
The most recent example is 22, Gorse Way, Ivybridge, PL21 0GA, a Freehold house which sold for £505,000 in Feb 2023.
Read more about house prices in PL21.
Gorse Way, Ivybridge, PL21 has a total of 51 addresses. According to our analysis of all the public data, 45, Gorse Way, Ivybridge is the 33rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £91k more expensive than the average property in PL21.
45, Gorse Way, Ivybridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 45, Gorse 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 45, Gorse Way, Ivybridge, 38.2% of property is privately owned outright and 38.2% is privately owned with a mortgage.
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 45, Gorse Way, Ivybridge, 22.7% of residents are recorded as possessing school level qualifications and 36.4% 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 45, Gorse 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 45, Gorse Way, Ivybridge, 2.2% 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 45, Gorse Way, Ivybridge, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.