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
65 MERAFIELD ROAD is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £278,000 in October 2023, which was around 27% below the average October 2023 detached price in the City of Plymouth local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 65 MERAFIELD ROAD since 1st 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 65 MERAFIELD 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 31 OCT | £278,000 | £383,358 | 27% below HPI |
2021 18 FEB | £243,000 | £328,379 | 26% below HPI |
2017 18 SEP | £200,000 | £311,616 | 36% below HPI |
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 65 MERAFIELD ROAD sales between September 2017 and October 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 February 2021 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
65 MERAFIELD ROAD is 75m², which includes one extension, according to the EPC inspection conducted in September 2021. 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 65 MERAFIELD ROAD lies on this distribution: 9% of detached houses are smaller than 65 MERAFIELD ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Plymouth.
65 MERAFIELD ROAD sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 65 MERAFIELD 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 65 MERAFIELD 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.
65 MERAFIELD ROAD is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 65 on MERAFIELD ROAD.