MEERU, TRAFALGAR TERRACE, NEYLAND, MILFORD HAVEN, SA73 1QB - £396,000

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.

MEERU is a very large extended detached house of 239m², built sometime from 2007 onwards, which could now be worth an estimated £530,584. It was last sold for £396,000 in July 2019, which was around 66% above the average July 2019 detached price in the Pembrokeshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

MEERU Sold Prices

Land registry data shows three sales for MEERU since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Pembrokeshire local authority area for the corresponding sale date. All of the three MEERU 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
2019 30 JUL	£396,000	£238,582	66% above HPI
2015 13 OCT	£345,000	£214,413	61% above HPI
2011 5 AUG	£318,000	£206,116	54% above HPI

MEERU Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pembrokeshire local authority area over time, sourced from the HPI. The three MEERU sales between August 2011 and July 2019 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 October 2015 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2019 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might MEERU be worth now?

MEERU might now be worth an estimated £530,584.

This is based on house price inflation of 34%, between July 2019 and June 2025, for detached houses, in the Pembrokeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34% inflationary increase is applied to the most recent sale price for MEERU of £396,000 on 30th July 2019. For the value to have increased from £396,000 to £530,584 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of MEERU has moved in line with the HPI for detached houses in the Pembrokeshire local authority area.
• The July 2019 sale price of £396,000 represented a fair market value for the property.
• The size, condition, and specification of MEERU has not materially changed since July 2019.

How Large is MEERU?

MEERU is 239m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 10% of detached houses houses in Neyland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Neyland, and where MEERU lies on this distribution: 97% of detached houses houses are smaller than MEERU, and 3% of houses are larger. Note that EPC data is not available for all properties in Neyland.

MEERU: Plot and Title Map

MEERU sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of MEERU, 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 MEERU). 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 MEERU?

MEERU is located on TRAFALGAR TERRACE in NEYLAND, in the SA73 postcode district. The below map shows the position of MEERU on TRAFALGAR TERRACE.