48, SOUTHWAY LANE, PLYMOUTH, PL6 7DL - £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

48 SOUTHWAY LANE is a large extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £355,000 in August 2020, which was around 9% above the average August 2020 detached price in the City of Plymouth local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

48 SOUTHWAY LANE Sold Prices

Land registry data shows two sales for 48 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. One of the two 48 SOUTHWAY LANE sales was for above the average price, whilst the other was 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 21 AUG	£355,000	£326,183	9% above HPI
2009 22 JUL	£207,500	£231,038	10% below HPI

48 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 48 SOUTHWAY LANE sales from July 2009 and August 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 2009 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 48 SOUTHWAY LANE?

48 SOUTHWAY LANE is 139m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 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 48 SOUTHWAY LANE lies on this distribution: 72% of detached houses are smaller than 48 SOUTHWAY LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

48 SOUTHWAY LANE: Plot and Title Map

48 SOUTHWAY LANE sits on a plot of roughly 0.197 of an acre, or 798m². The below map shows the location of 48 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 48 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 48 SOUTHWAY LANE?

48 SOUTHWAY LANE is located in PLYMOUTH, in the PL6 postcode district. The below map shows the position of No. 48 on SOUTHWAY LANE.