4, FAIR FIELD PARK, FIVE LANES, LAUNCESTON, PL15 7RQ - £240,000

4 FAIR FIELD PARK is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £240,000 in October 2007, which was around 20% below the average October 2007 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

4 FAIR FIELD PARK Sold Prices

Land registry data shows four sales for 4 FAIR FIELD PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four 4 FAIR FIELD PARK 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
2007 31 OCT	£240,000	£301,184	20% below HPI
2001 28 MAR	£120,000	£121,560	1% below HPI
2000 30 NOV	£121,000	£122,731	1% below HPI
1999 25 JUN	£111,825	£95,052	18% above HPI

4 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 four 4 FAIR FIELD PARK sales between June 1999 and October 2007 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 March 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2007 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 4 FAIR FIELD PARK?

4 FAIR FIELD PARK is 90m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Fivelanes, based on EPC data. The below chart shows the distribution of detached houses by size in Fivelanes, and where 4 FAIR FIELD PARK lies on this distribution: 9% of detached houses are smaller than 4 FAIR FIELD PARK, and 91% of houses are larger. Note that EPC data is not available for all properties in Fivelanes.

4 FAIR FIELD PARK: Plot and Title Map

4 FAIR FIELD PARK sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 4 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 4 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 4 FAIR FIELD PARK?

4 FAIR FIELD PARK is located in FIVE LANES, in the PL15 postcode district. The below map shows the position of No. 4 on FAIR FIELD PARK.