48, MERAFIELD ROAD, PLYMOUTH, PL7 1TL - £455,000

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

48 MERAFIELD ROAD is a very large extended detached house of 158m², built sometime between 1950 and 1966. It was last sold for £455,000 in October 2021, which was around 28% above the average October 2021 detached price in the City of Plymouth local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

48 MERAFIELD ROAD Sold Prices

Land registry data shows two sales for 48 MERAFIELD 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 48 MERAFIELD 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 8 OCT	£455,000	£356,456	28% above HPI
2002 27 MAR	£177,500	£139,769	27% above HPI

48 MERAFIELD 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 48 MERAFIELD ROAD sales from March 2002 and October 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 March 2002 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 48 MERAFIELD ROAD?

48 MERAFIELD ROAD is 158m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the largest 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 48 MERAFIELD ROAD lies on this distribution: 82% of detached houses are smaller than 48 MERAFIELD ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

48 MERAFIELD ROAD: Plot and Title Map

48 MERAFIELD ROAD sits on a plot of roughly 0.162 of an acre, or 654m². The below map shows the location of 48 MERAFIELD 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 48 MERAFIELD 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 48 MERAFIELD ROAD?

48 MERAFIELD ROAD is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 48 on MERAFIELD ROAD.