Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
101 MERAFIELD DRIVE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £315,000 in June 2023, which was around 19% below the average June 2023 detached price in the City of Plymouth local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 101 MERAFIELD DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Plymouth local authority area for the corresponding sale date. All of the three 101 MERAFIELD DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2023 15 JUN | £315,000 | £387,777 | 19% below HPI |
1999 25 MAY | £84,950 | £92,191 | 8% below HPI |
1997 15 SEP | £74,950 | £85,778 | 13% below HPI |
The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The three 101 MERAFIELD DRIVE sales between September 1997 and June 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2023 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
101 MERAFIELD DRIVE is 78m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 101 MERAFIELD DRIVE lies on this distribution: 12% of detached houses are smaller than 101 MERAFIELD DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Plymouth.
101 MERAFIELD DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 101 MERAFIELD DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 101 MERAFIELD DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
101 MERAFIELD DRIVE is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 101 on MERAFIELD DRIVE.