2 Erme Drive

    2, ERME DRIVE, IVYBRIDGE, PL21 9BN

    This detached freehold property on Erme Drive last sold in December 2022 for £295,000. Based on price growth in the PL21 district since then, its estimated current value is £278,877 — placing it in the 44th percentile nationally and the 40th percentile within PL21. The property covers 72 m² (775 sq ft), giving an estimated value of £3,873 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £295,000

    Dec 2022

    Estimated Valuation

    £278,877

    Est. £/sq ft

    £360/sq ft

    £3,873/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area775 sq ft (72 m²)
    EPC dateFeb 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Dec 2022

    £295,000

    5 Oct 2017

    £237,000

    10 Dec 1999

    £94,000

    Key Metrics

    Estimated valuation£278,877
    Value per sq ft / m²£360/sq ft (£3,873/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PL21 district percentile40th percentile
    National percentile44th 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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