2, SIMON CLOSE, PLYMOUTH, PL9 9LG - £217,000

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.

2 SIMON CLOSE is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £342,872. It was last sold for £217,000 in July 2012, which was around 13% below the average July 2012 detached price in the City of Plymouth local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

2 SIMON CLOSE Sold Prices

Land registry data shows two sales for 2 SIMON CLOSE 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 2 SIMON CLOSE 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
2012 6 JUL	£217,000	£250,851	13% below HPI
2003 24 OCT	£142,500	£193,207	26% below HPI

2 SIMON 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 two 2 SIMON CLOSE sales from October 2003 and July 2012 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 October 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2012 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 SIMON CLOSE be worth now?

2 SIMON CLOSE might now be worth an estimated £342,872.

This is based on house price inflation of 58%, between July 2012 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 58% inflationary increase is applied to the most recent sale price for 2 SIMON CLOSE of £217,000 on 6th July 2012. For the value to have increased from £217,000 to £342,872 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 2 SIMON CLOSE has moved in line with the HPI for detached houses in the City of Plymouth local authority area.
• The July 2012 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SIMON CLOSE has not materially changed since July 2012.

How Large is 2 SIMON CLOSE?

2 SIMON CLOSE is 65m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% 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 2 SIMON CLOSE lies on this distribution: 3% of detached houses houses are smaller than 2 SIMON CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

2 SIMON CLOSE: Plot and Title Map

2 SIMON CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 2 SIMON 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 2 SIMON 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 2 SIMON CLOSE?

2 SIMON CLOSE is located in PLYMOUTH, in the PL9 postcode district. The below map shows the position of No. 2 on SIMON CLOSE.