38, MERRIVALE ROAD, BEACON PARK, PLYMOUTH, PL2 2RW - £127,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 MERRIVALE ROAD is a very small detached house of 72m², built sometime between 1930 and 1949. It was last sold for £127,500 in January 2004, which was around 35% below the average January 2004 detached price in the City of Plymouth local authority area. The most recent EPC inspection was September 2024, where the current energy rating was E, and the potential energy rating was C.

38 MERRIVALE ROAD Sold Prices

Land registry data shows two sales for 38 MERRIVALE ROAD 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 38 MERRIVALE ROAD 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
2004 30 JAN	£127,500	£195,506	35% below HPI
2000 21 JUL	£66,500	£106,268	37% below HPI

38 MERRIVALE 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 two 38 MERRIVALE ROAD sales from July 2000 and January 2004 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2004 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 38 MERRIVALE ROAD?

38 MERRIVALE ROAD is 72m² according to the EPC inspection conducted in September 2024. 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 38 MERRIVALE ROAD lies on this distribution: 7% of detached houses are smaller than 38 MERRIVALE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

38 MERRIVALE ROAD: Plot and Title Map

38 MERRIVALE ROAD sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 38 MERRIVALE 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 38 MERRIVALE 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 38 MERRIVALE ROAD?

38 MERRIVALE ROAD is located in BEACON PARK, in the PL2 postcode district. The below map shows the position of No. 38 on MERRIVALE ROAD.