5, FAIR FIELD PARK, FIVE LANES, LAUNCESTON, PL15 7RQ - £250,000

5 FAIR FIELD PARK is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £250,000 in August 2010, which was around 11% below the average August 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

5 FAIR FIELD PARK Sold Prices

Land registry data shows four sales for 5 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. Two of the four 5 FAIR FIELD PARK sales were for below the average price, whilst one was 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
2010 18 AUG	£250,000	£279,622	11% below HPI
2004 28 SEP	£238,500	£257,040	7% below HPI
2002 22 NOV	£187,950	£187,019	Close to HPI
1999 6 AUG	£103,500	£98,105	5% above HPI

5 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 5 FAIR FIELD PARK sales between August 1999 and August 2010 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 September 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2010 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 5 FAIR FIELD PARK?

5 FAIR FIELD PARK is 86m² according to the EPC inspection conducted in May 2010. 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 5 FAIR FIELD PARK lies on this distribution: 6% of detached houses are smaller than 5 FAIR FIELD PARK, and 94% of houses are larger. Note that EPC data is not available for all properties in Fivelanes.

5 FAIR FIELD PARK: Plot and Title Map

5 FAIR FIELD PARK sits on a plot of roughly 0.152 of an acre, or 615m². The below map shows the location of 5 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 5 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 5 FAIR FIELD PARK?

5 FAIR FIELD PARK is located in FIVE LANES, in the PL15 postcode district. The below map shows the position of No. 5 on FAIR FIELD PARK.