27, SOUTHWAY LANE, PLYMOUTH, PL6 7DJ - £355,000

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

27 SOUTHWAY LANE is a very small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £355,000 in December 2022, which was around 11% below the average December 2022 detached price in the City of Plymouth local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was C.

27 SOUTHWAY LANE Sold Prices

Land registry data shows two sales for 27 SOUTHWAY LANE 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 27 SOUTHWAY LANE 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
2022 8 DEC	£355,000	£400,824	11% below HPI
1997 17 JUN	£76,500	£82,113	7% below HPI

27 SOUTHWAY LANE 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 27 SOUTHWAY LANE sales from June 1997 and December 2022 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 June 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the December 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 27 SOUTHWAY LANE?

27 SOUTHWAY LANE is 83m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 27 SOUTHWAY LANE lies on this distribution: 17% of detached houses are smaller than 27 SOUTHWAY LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

27 SOUTHWAY LANE: Plot and Title Map

27 SOUTHWAY LANE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 27 SOUTHWAY LANE, 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 27 SOUTHWAY LANE). 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 27 SOUTHWAY LANE?

27 SOUTHWAY LANE is located in PLYMOUTH, in the PL6 postcode district. The below map shows the position of No. 27 on SOUTHWAY LANE.