15, MERAFIELD ROAD, PLYMOUTH, PL7 1TL - £185,000

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

15 MERAFIELD ROAD is a large detached house of 124m², built sometime between 1900 and 1929. It was last sold for £185,000 in May 2013, which was around 27% below the average May 2013 detached price in the City of Plymouth local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was C.

15 MERAFIELD ROAD Sold Prices

Land registry data shows two sales for 15 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 15 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
2013 3 MAY	£185,000	£251,730	27% below HPI
2009 6 FEB	£121,000	£227,844	47% below HPI

15 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 15 MERAFIELD ROAD sales from February 2009 and May 2013 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 February 2009 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2013 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 15 MERAFIELD ROAD?

15 MERAFIELD ROAD is 124m² according to the EPC inspection conducted in February 2015. This puts it in the largest 40% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 15 MERAFIELD ROAD lies on this distribution: 61% of detached houses are smaller than 15 MERAFIELD ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

15 MERAFIELD ROAD: Plot and Title Map

15 MERAFIELD ROAD sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 15 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 15 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 15 MERAFIELD ROAD?

15 MERAFIELD ROAD is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 15 on MERAFIELD ROAD.