2, WALLACE ROAD, PLYMOUTH, PL7 1JN - £350,000

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 WALLACE ROAD is a very large extended detached house of 228m², built sometime between 1976 and 1982. It was last sold for £350,000 in May 2021, which was around 6% above the average May 2021 detached price in the City of Plymouth local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

2 WALLACE ROAD Sold Prices

Land registry data shows three sales for 2 WALLACE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Plymouth local authority area for the corresponding sale date. All of the three 2 WALLACE 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
2021 7 MAY	£350,000	£330,893	6% above HPI
2014 10 SEP	£282,000	£274,356	3% above HPI
2004 19 FEB	£229,950	£194,641	18% above HPI

2 WALLACE 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 three 2 WALLACE ROAD sales between February 2004 and May 2021 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 2014 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 WALLACE ROAD?

2 WALLACE ROAD is 228m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 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 WALLACE ROAD lies on this distribution: 96% of detached houses are smaller than 2 WALLACE ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

2 WALLACE ROAD: Plot and Title Map

2 WALLACE ROAD sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 2 WALLACE 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 2 WALLACE 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 2 WALLACE ROAD?

2 WALLACE ROAD is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 2 on WALLACE ROAD.