1, FAIR FIELD PARK, FIVE LANES, LAUNCESTON, PL15 7RQ - £223,000

1 FAIR FIELD PARK is a very small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £223,000 in July 2006, which was around 17% below the average July 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

1 FAIR FIELD PARK Sold Prices

Land registry data shows three sales for 1 FAIR FIELD PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the three 1 FAIR FIELD PARK sales was for below the average price, whilst two 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
2006 18 JUL	£223,000	£269,302	17% below HPI
2001 31 AUG	£135,000	£131,972	2% above HPI
1999 9 JUL	£115,950	£96,437	20% above HPI

1 FAIR FIELD PARK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 1 FAIR FIELD PARK sales between July 1999 and July 2006 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 August 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2006 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 FAIR FIELD PARK?

1 FAIR FIELD PARK is 91m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Fivelanes, based on EPC data. The below chart shows the distribution of detached houses by size in Fivelanes, and where 1 FAIR FIELD PARK lies on this distribution: 12% of detached houses are smaller than 1 FAIR FIELD PARK, and 85% of houses are larger. Note that EPC data is not available for all properties in Fivelanes.

1 FAIR FIELD PARK: Plot and Title Map

1 FAIR FIELD PARK sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 1 FAIR FIELD PARK, 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 1 FAIR FIELD PARK). 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 1 FAIR FIELD PARK?

1 FAIR FIELD PARK is located in FIVE LANES, in the PL15 postcode district. The below map shows the position of No. 1 on FAIR FIELD PARK.