1D, MERTON ROAD, SOUTHSEA, PO5 2AE - £895,000

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

1D MERTON ROAD is a small detached house of 96m², built sometime between 1950 and 1966. It was last sold for £895,000 in May 2023, which was around 75% above the average May 2023 detached price in the Portsmouth local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

1D MERTON ROAD Sold Prices

Land registry data shows two sales for 1D MERTON 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 Portsmouth local authority area for the corresponding sale date. Both of the two 1D MERTON ROAD 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 17 MAY	£895,000	£512,332	75% above HPI
2020 21 DEC	£565,000	£450,841	25% above HPI

1D MERTON ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Portsmouth local authority area over time, sourced from the HPI. The two 1D MERTON ROAD sales from December 2020 and May 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 December 2020 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2023 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 1D MERTON ROAD?

1D MERTON ROAD is 96m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Portsmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Portsmouth, and where 1D MERTON ROAD lies on this distribution: 29% of detached houses are smaller than 1D MERTON ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Portsmouth.

1D MERTON ROAD: Plot and Title Map

1D MERTON ROAD sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 1D MERTON 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 1D MERTON 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 1D MERTON ROAD?

1D MERTON ROAD is located in SOUTHSEA, in the PO5 postcode district. The below map shows the position of No. 1D on MERTON ROAD.