12, MORLEY CLOSE, PLYMOUTH, PL7 2FB - £450,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 MORLEY CLOSE is a midsized detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £458,979. It was last sold for £450,000 in March 2023, which was around 16% above the average March 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.

12 MORLEY CLOSE Sold Prices

Land registry data shows three sales for 12 MORLEY CLOSE since 1^st 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 12 MORLEY CLOSE sales were for above 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 3 MAR	£450,000	£388,604	16% above HPI
2012 29 NOV	£280,000	£244,775	14% above HPI
2005 14 MAR	£249,950	£233,503	7% above HPI

12 MORLEY CLOSE 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 three 12 MORLEY CLOSE sales between March 2005 and March 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 November 2012 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2023 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 12 MORLEY CLOSE be worth now?

12 MORLEY CLOSE might now be worth an estimated £458,979.

This is based on house price inflation of 2%, between March 2023 and February 2025, for detached houses, in the City of Plymouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2% inflationary increase is applied to the most recent sale price for 12 MORLEY CLOSE of £450,000 on 3rd March 2023. For the value to have increased from £450,000 to £458,979 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 12 MORLEY CLOSE has moved in line with the HPI for detached houses in the City of Plymouth local authority area.
• The March 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MORLEY CLOSE has not materially changed since March 2023.

How Large is 12 MORLEY CLOSE?

12 MORLEY CLOSE is 113m² according to the EPC inspection conducted in November 2022. This puts it in the largest 50% of detached houses houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plymouth, and where 12 MORLEY CLOSE lies on this distribution: 50% of detached houses houses are smaller than 12 MORLEY CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

12 MORLEY CLOSE: Plot and Title Map

12 MORLEY CLOSE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 12 MORLEY CLOSE, 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 12 MORLEY CLOSE). 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 12 MORLEY CLOSE?

12 MORLEY CLOSE is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 12 on MORLEY CLOSE.