Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
126 GRASSMERE WAY is a very large extended detached house of 159m², built sometime between 2003 and 2006. It was last sold for £387,500 in May 2024, which was around 10% below the average May 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 126 GRASSMERE WAY since 1st 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. All of the three 126 GRASSMERE WAY 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 |
---|---|---|---|
2024 21 MAY | £387,500 | £429,983 | 10% below HPI |
2012 23 NOV | £237,500 | £269,114 | 12% below HPI |
2005 5 MAY | £209,600 | £257,330 | 19% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 126 GRASSMERE WAY sales between May 2005 and May 2024 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 November 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2024 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
126 GRASSMERE WAY is 159m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses by size in Saltash, and where 126 GRASSMERE WAY lies on this distribution: 88% of detached houses are smaller than 126 GRASSMERE WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Saltash.
126 GRASSMERE WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 126 GRASSMERE WAY, 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 126 GRASSMERE WAY). 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.
126 GRASSMERE WAY is located in PILLMERE, in the PL12 postcode district. The below map shows the position of No. 126 on GRASSMERE WAY.