22 Gorse Way

    22, GORSE WAY, IVYBRIDGE, PL21 0GA

    This detached freehold property on Gorse Way last sold in February 2023 for £505,000. Based on price growth in the PL21 district since then, its estimated current value is £485,917 — placing it in the 78th percentile nationally and the 85th percentile within PL21. The property covers 114 m² (1,227 sq ft), giving an estimated value of £4,262 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,227 sq ft

    114 m²

    Last Sale Price

    £505,000

    Feb 2023

    Estimated Valuation

    £485,917

    Est. £/sq ft

    £396/sq ft

    £4,262/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,227 sq ft (114 m²)
    EPC dateJan 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Feb 2023

    £505,000

    13 Jun 2003

    £247,000

    12 Mar 1999

    £130,000

    17 Oct 1997

    New build

    £110,000

    Key Metrics

    Estimated valuation£485,917
    Value per sq ft / m²£396/sq ft (£4,262/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PL21 district percentile85th percentile
    National percentile78th percentile

    District Context — PL21

    PL21 covers the area around Totnes and the South Hams district in South Devon, positioned on the eastern edge of the Devon coast. It is a rural and semi-rural area popular with retirees and those seeking a quieter lifestyle away from urban centres.

    Average Property Price - PL21

    £339,718

    54

    National percentile

    Average Net Household Income - PL21

    £44,815

    75

    National percentile

    10-Year Annualised Price Growth - PL21

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - PL

    3.8%

    45

    National percentile

    View full analysis for PL21

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