51, LAKE VIEW DRIVE, PLYMOUTH, PL5 4LW - £345,000

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

51 LAKE VIEW DRIVE is a small extended detached house of 104m², built sometime between 1976 and 1982. It was last sold for £345,000 in May 2024, which was around 12% below the average May 2024 detached price in the City of Plymouth local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

51 LAKE VIEW DRIVE Sold Prices

Land registry data shows two sales for 51 LAKE VIEW DRIVE 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 51 LAKE VIEW 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
2024 17 MAY	£345,000	£391,227	12% below HPI
2016 4 NOV	£253,000	£294,190	14% below HPI

51 LAKE VIEW DRIVE 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 51 LAKE VIEW DRIVE sales from November 2016 and May 2024 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 November 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 51 LAKE VIEW DRIVE?

51 LAKE VIEW DRIVE is 104m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 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 51 LAKE VIEW DRIVE lies on this distribution: 39% of detached houses are smaller than 51 LAKE VIEW DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

51 LAKE VIEW DRIVE: Plot and Title Map

51 LAKE VIEW DRIVE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 51 LAKE VIEW 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 51 LAKE VIEW 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 51 LAKE VIEW DRIVE?

51 LAKE VIEW DRIVE is located in PLYMOUTH, in the PL5 postcode district. The below map shows the position of No. 51 on LAKE VIEW DRIVE.