5, VIOLET DRIVE, PLYMOUTH, PL6 7TD - £425,000

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 VIOLET DRIVE is a large detached house of 123m², built sometime between 1983 and 1990. It was last sold for £425,000 in January 2023, which was around 26% below the average January 2023 detached price in the South Hams local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

5 VIOLET DRIVE Sold Prices

Land registry data shows four sales for 5 VIOLET DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. All of the four 5 VIOLET DRIVE 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 21 JAN	£425,000	£574,762	26% below HPI
2015 23 APR	£290,000	£388,930	25% below HPI
2003 24 JAN	£190,000	£264,209	28% below HPI
2002 19 AUG	£182,500	£223,665	18% below HPI

5 VIOLET DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Hams local authority area over time, sourced from the HPI. The four 5 VIOLET DRIVE sales between August 2002 and January 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 April 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 VIOLET DRIVE?

5 VIOLET DRIVE is 123m² according to the EPC inspection conducted in December 2014. This puts it in the largest 40% 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 VIOLET DRIVE lies on this distribution: 60% of detached houses are smaller than 5 VIOLET DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

5 VIOLET DRIVE: Plot and Title Map

5 VIOLET DRIVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 5 VIOLET DRIVE, 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 VIOLET DRIVE). 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 VIOLET DRIVE?

5 VIOLET DRIVE is located in PLYMOUTH, in the PL6 postcode district. The below map shows the position of No. 5 on VIOLET DRIVE.