48, RESERVOIR ROAD, PLYMSTOCK, PLYMOUTH, PL9 8NB - £280,000

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 RESERVOIR ROAD is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £280,000 in March 2023, which was around 28% below the average March 2023 detached price in the City of Plymouth local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

48 RESERVOIR ROAD Sold Prices

Land registry data shows three sales for 48 RESERVOIR 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 48 RESERVOIR 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
2023 27 MAR	£280,000	£388,841	28% below HPI
2021 12 MAR	£225,000	£329,965	32% below HPI
2000 7 SEP	£93,000	£108,332	14% below HPI

48 RESERVOIR 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 48 RESERVOIR ROAD sales between September 2000 and March 2023 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 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2023 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 48 RESERVOIR ROAD?

48 RESERVOIR ROAD is 67m² according to the EPC inspection conducted in November 2020. 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 48 RESERVOIR ROAD lies on this distribution: 4% of detached houses are smaller than 48 RESERVOIR ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

48 RESERVOIR ROAD: Plot and Title Map

48 RESERVOIR ROAD sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 48 RESERVOIR 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 RESERVOIR 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 RESERVOIR ROAD?

48 RESERVOIR ROAD is located in PLYMSTOCK, in the PL9 postcode district. The below map shows the position of No. 48 on RESERVOIR ROAD.