According to the public record, Hornbeam House, Ivybridge is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,840 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Godwell Lane, Ivybridge, PL21 is located in the borough of South Hams within the PL21 postal district.
Hornbeam House, Ivybridge has a single entry in the Land Registry database from April 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Hornbeam House Ivybridge as £637,125 and the rental value as £1,470 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of Hornbeam House Ivybridge has increased by £10,525 (1.7%) and its rental value has increased by £22 per month (1.5%).
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 Hornbeam House, Ivybridge is in very good condition we estimate a sale value of £668,982 and rental value of £1,544 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £592,526 and a rental value of £1,367 per month.
If you were able to purchase this property for the estimated value of £637,125, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,131 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 HM Land Registry, Hornbeam House, Ivybridge was last sold on 04 Apr 2018 for £520,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2018, the market for similar properties has risen 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Hornbeam House, Ivybridge within a radius of 177m over the last 2 years.
The most recent example is 14, Charles Hankin Close, Ivybridge, PL21 0WF, a Freehold house which sold for £735,000 in Jul 2022.
Read more about house prices in PL21.
Godwell Lane, Ivybridge, PL21 has a total of 31 addresses. According to our analysis of all the public data, Hornbeam House, Ivybridge is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £297k more expensive than the average property in PL21.
The closest station to Hornbeam House, 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 Hornbeam House, Ivybridge, 43.1% of property is privately owned outright and 33.7% 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 Hornbeam House, Ivybridge, 18.7% of residents are recorded as possessing school level qualifications and 38.7% 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 Hornbeam House, 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 Hornbeam House, Ivybridge, 0.2% 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 Hornbeam House, Ivybridge, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.