CHANTRY, LAKE ROAD, PLYMOUTH, PL9 9RA - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHANTRY is a very small extended detached house of 78m², built sometime before 1900, which could now be worth an estimated £380,334. It was last sold for £310,000 in February 2020, which was around 4% below the average February 2020 detached price in the City of Plymouth local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

CHANTRY Sold Prices

Land registry data shows three sales for CHANTRY 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 CHANTRY 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
2020 21 FEB	£310,000	£323,061	4% below HPI
2019 28 JUN	£310,000	£321,527	4% below HPI
2006 13 OCT	£225,000	£253,080	11% below HPI

CHANTRY 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 CHANTRY sales between October 2006 and February 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 June 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2020 sale, which was also at 4% below the HPI.

What might CHANTRY be worth now?

CHANTRY might now be worth an estimated £380,334.

This is based on house price inflation of 22.7%, between February 2020 and February 2025, for detached houses, in the City of Plymouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for CHANTRY of £310,000 on 21st February 2020. For the value to have increased from £310,000 to £380,334 over the five years to February 2025, the following assumptions must hold true:

• The value of CHANTRY has moved in line with the HPI for detached houses in the City of Plymouth local authority area.
• The February 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of CHANTRY has not materially changed since February 2020.

How Large is CHANTRY?

CHANTRY is 78m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plymouth, and where CHANTRY lies on this distribution: 12% of detached houses houses are smaller than CHANTRY, and 87% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

CHANTRY: Plot and Title Map

CHANTRY sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of CHANTRY, 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 CHANTRY). 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 CHANTRY?

CHANTRY is located on LAKE ROAD in PLYMOUTH, in the PL9 postcode district. The below map shows the position of CHANTRY on LAKE ROAD.