2, UNDERLANE, PLYMSTOCK, PLYMOUTH, PL9 9JX - £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

2 UNDERLANE is a very small extended detached house of 53m², built sometime between 1930 and 1949. It was last sold for £185,000 in December 2014, which was around 33% below the average December 2014 detached price in the City of Plymouth local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

2 UNDERLANE Sold Prices

Land registry data shows two sales for 2 UNDERLANE 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 UNDERLANE 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
2014 12 DEC	£185,000	£274,400	33% below HPI
2014 9 JUL	£155,000	£268,222	42% below HPI

2 UNDERLANE 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 UNDERLANE sales from July 2014 and December 2014 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 July 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2014 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 UNDERLANE?

2 UNDERLANE is 53m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 2 UNDERLANE lies on this distribution: 1% of detached houses are smaller than 2 UNDERLANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

2 UNDERLANE: Plot and Title Map

2 UNDERLANE sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 2 UNDERLANE, 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 UNDERLANE). 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 UNDERLANE?

2 UNDERLANE is located in PLYMSTOCK, in the PL9 postcode district. The below map shows the position of No. 2 on UNDERLANE.