15, TRAMWAY ROAD, PLYMOUTH, PL6 7TQ - £423,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 TRAMWAY ROAD is a large extended detached house of 145m², built sometime between 1996 and 2002. It was last sold for £423,000 in February 2024, which was around 26% below the average February 2024 detached price in the South Hams local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

15 TRAMWAY ROAD Sold Prices

Land registry data shows two sales for 15 TRAMWAY 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 South Hams local authority area for the corresponding sale date. Both of the two 15 TRAMWAY 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
2024 21 FEB	£423,000	£573,822	26% below HPI
1995 29 SEP	£84,000	£95,975	12% below HPI

15 TRAMWAY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The two 15 TRAMWAY ROAD sales from September 1995 and February 2024 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 September 1995 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 TRAMWAY ROAD?

15 TRAMWAY ROAD is 145m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the largest 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 15 TRAMWAY ROAD lies on this distribution: 76% of detached houses are smaller than 15 TRAMWAY ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

15 TRAMWAY ROAD: Plot and Title Map

15 TRAMWAY ROAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 15 TRAMWAY 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 TRAMWAY 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 TRAMWAY ROAD?

15 TRAMWAY ROAD is located in PLYMOUTH, in the PL6 postcode district. The below map shows the position of No. 15 on TRAMWAY ROAD.