5, MERAFIELD CLOSE, PLYMOUTH, PL7 1SG - £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

5 MERAFIELD CLOSE is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £280,000 in September 2018, which was around 12% below the average September 2018 detached price in the City of Plymouth local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

5 MERAFIELD CLOSE Sold Prices

Land registry data shows three sales for 5 MERAFIELD CLOSE 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 5 MERAFIELD CLOSE 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
2018 6 SEP	£280,000	£317,084	12% below HPI
2012 4 SEP	£240,000	£247,539	3% below HPI
2004 18 NOV	£190,000	£232,143	18% below HPI

5 MERAFIELD CLOSE 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 5 MERAFIELD CLOSE sales between November 2004 and September 2018 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 September 2012 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 MERAFIELD CLOSE?

5 MERAFIELD CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in March 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 5 MERAFIELD CLOSE lies on this distribution: 28% of detached houses are smaller than 5 MERAFIELD CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

5 MERAFIELD CLOSE: Plot and Title Map

5 MERAFIELD CLOSE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 5 MERAFIELD CLOSE, 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 5 MERAFIELD CLOSE). 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 5 MERAFIELD CLOSE?

5 MERAFIELD CLOSE is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 5 on MERAFIELD CLOSE.