MERRION, RETREAT ROAD, PENALLY, TENBY, SA70 7PL - £480,000

MERRION is a large extended detached house of 165m², built sometime between 1930 and 1949. It was last sold for £480,000 in January 2016, which was around 122% above the average January 2016 detached price in the Pembrokeshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

MERRION Sold Prices

Land registry data shows two sales for MERRION since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pembrokeshire local authority area for the corresponding sale date. Both of the two MERRION 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
2016 28 JAN	£480,000	£216,622	122% above HPI
2000 3 JUL	£129,500	£80,602	61% above HPI

MERRION 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 two MERRION sales from July 2000 and January 2016 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 July 2000 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the January 2016 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

How Large is MERRION?

MERRION is 165m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Penally, based on EPC data. The below chart shows the distribution of detached houses by size in Penally, and where MERRION lies on this distribution: 71% of detached houses are smaller than MERRION, and 29% of houses are larger. Note that EPC data is not available for all properties in Penally.

MERRION: Plot and Title Map

MERRION sits on a plot of roughly 0.262 of an acre, or 1,059m². The below map shows the location of MERRION, 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 MERRION). 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 MERRION?

MERRION is located on RETREAT ROAD in PENALLY, in the SA70 postcode district. The below map shows the position of MERRION on RETREAT ROAD.