MERRIMEAD, MEAVY LANE, YELVERTON, PL20 6AL - £714,000

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

MERRIMEAD is a very large extended detached house of 274m², built sometime between 1983 and 1990. It was last sold for £714,000 in November 2023, which was around 67% above the average November 2023 detached price in the West Devon local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

MERRIMEAD Sold Prices

Land registry data shows three sales for MERRIMEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the West Devon local authority area for the corresponding sale date. All of the three MERRIMEAD sales were for above 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 23 NOV	£714,000	£428,354	67% above HPI
2014 17 JUN	£467,500	£294,884	59% above HPI
2001 9 MAR	£250,000	£133,771	87% above HPI

MERRIMEAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Devon local authority area over time, sourced from the HPI. The three MERRIMEAD sales between March 2001 and November 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 June 2014 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the November 2023 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is MERRIMEAD?

MERRIMEAD is 274m², which includes three extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 10% of detached houses in Yelverton, based on EPC data. The below chart shows the distribution of detached houses by size in Yelverton, and where MERRIMEAD lies on this distribution: 95% of detached houses are smaller than MERRIMEAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Yelverton.

MERRIMEAD: Plot and Title Map

MERRIMEAD sits on a plot of roughly 0.190 of an acre, or 770m². The below map shows the location of MERRIMEAD, 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 MERRIMEAD). 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 MERRIMEAD?

MERRIMEAD is located on MEAVY LANE in YELVERTON, in the PL20 postcode district. The below map shows the position of MERRIMEAD on MEAVY LANE.