MERA GHAR, TAVISTOCK ROAD, ROBOROUGH, PLYMOUTH, PL6 7BD - £287,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MERA GHAR is a very large extended detached house of 390m², built sometime from 2007 onwards. It was last sold for £287,000 in January 2008, which was around 25% below the average January 2008 detached price in the South Hams local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

MERA GHAR Sold Prices

Land registry data shows two sales for MERA GHAR since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Hams local authority area for the corresponding sale date. Both of the two MERA GHAR 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
2008 9 JAN	£287,000	£382,050	25% below HPI
1996 2 JAN	£78,000	£96,500	19% below HPI

MERA GHAR 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 two MERA GHAR sales from January 1996 and January 2008 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 January 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2008 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is MERA GHAR?

MERA GHAR is 390m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the largest 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 MERA GHAR lies on this distribution: 99% of detached houses are smaller than MERA GHAR, and 1% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

MERA GHAR: Plot and Title Map

MERA GHAR sits on a plot of roughly 0.283 of an acre, or 1,144m². The below map shows the location of MERA GHAR, 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 MERA GHAR). 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 MERA GHAR?

MERA GHAR is located on TAVISTOCK ROAD in ROBOROUGH, in the PL6 postcode district. The below map shows the position of MERA GHAR on TAVISTOCK ROAD.