9, CORNER PARK, FIVE LANES, LAUNCESTON, PL15 7RX - £235,000

9 CORNER PARK is a very large detached house of 120m², built sometime between 1991 and 1995. It was last sold for £235,000 in November 2008, which was around 13% below the average November 2008 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

9 CORNER PARK Sold Prices

Land registry data shows four sales for 9 CORNER 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. All of the four 9 CORNER 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
2008 28 NOV	£235,000	£271,199	13% below HPI
2006 16 MAY	£197,000	£267,838	26% below HPI
2002 24 MAY	£123,000	£154,610	20% below HPI
1996 14 JUN	£70,000	£71,323	2% below HPI

9 CORNER 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 9 CORNER PARK sales between June 1996 and November 2008 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 May 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2008 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 9 CORNER PARK?

9 CORNER PARK is 120m² according to the EPC inspection conducted in March 2019. This puts it in the largest 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 9 CORNER PARK lies on this distribution: 85% of detached houses are smaller than 9 CORNER PARK, and 15% of houses are larger. Note that EPC data is not available for all properties in Fivelanes.

9 CORNER PARK: Plot and Title Map

9 CORNER PARK sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 9 CORNER 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 9 CORNER 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 9 CORNER PARK?

9 CORNER PARK is located in FIVE LANES, in the PL15 postcode district. The below map shows the position of No. 9 on CORNER PARK.