38, LOWER RIDINGS, PLYMOUTH, PL7 5LE - £312,000

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

38 LOWER RIDINGS is a small extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £312,000 in June 2020, which was around 4% below the average June 2020 detached price in the City of Plymouth local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

38 LOWER RIDINGS Sold Prices

Land registry data shows three sales for 38 LOWER RIDINGS 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 38 LOWER RIDINGS 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
2020 19 JUN	£312,000	£325,730	4% below HPI
2000 3 JUL	£99,000	£106,268	7% below HPI
1998 12 JUN	£83,350	£86,276	3% below HPI

38 LOWER RIDINGS 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 38 LOWER RIDINGS sales between June 1998 and June 2020 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 2000 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 38 LOWER RIDINGS?

38 LOWER RIDINGS is 95m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 38 LOWER RIDINGS lies on this distribution: 30% of detached houses are smaller than 38 LOWER RIDINGS, and 69% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

38 LOWER RIDINGS: Plot and Title Map

38 LOWER RIDINGS sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 38 LOWER RIDINGS, 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 38 LOWER RIDINGS). 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 38 LOWER RIDINGS?

38 LOWER RIDINGS is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 38 on LOWER RIDINGS.