115, MERAFIELD ROAD, PLYMOUTH, PL7 1SJ - £300,000

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

115 MERAFIELD ROAD is a small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £300,000 in March 2021, which was around 9% below the average March 2021 detached price in the City of Plymouth local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

115 MERAFIELD ROAD Sold Prices

Land registry data shows two sales for 115 MERAFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Plymouth local authority area for the corresponding sale date. Both of the two 115 MERAFIELD ROAD 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
2021 5 MAR	£300,000	£329,965	9% below HPI
1996 26 MAR	£75,000	£76,767	2% below HPI

115 MERAFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The two 115 MERAFIELD ROAD sales from March 1996 and March 2021 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 March 1996 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 115 MERAFIELD ROAD?

115 MERAFIELD ROAD is 88m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 115 MERAFIELD ROAD lies on this distribution: 22% of detached houses are smaller than 115 MERAFIELD ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

115 MERAFIELD ROAD: Plot and Title Map

115 MERAFIELD ROAD sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 115 MERAFIELD ROAD, 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 115 MERAFIELD ROAD). 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.

Where is 115 MERAFIELD ROAD?

115 MERAFIELD ROAD is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 115 on MERAFIELD ROAD.