15, FAIR FIELD PARK, FIVE LANES, LAUNCESTON, PL15 7RQ - £175,000

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

15 FAIR FIELD PARK is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £175,000 in June 2009, which was around 30% below the average June 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

15 FAIR FIELD PARK Sold Prices

Land registry data shows three sales for 15 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. All of the three 15 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
2009 15 JUN	£175,000	£251,060	30% below HPI
2004 21 JAN	£179,950	£226,309	20% below HPI
2000 27 OCT	£98,650	£122,539	19% below HPI

15 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 15 FAIR FIELD PARK sales between October 2000 and June 2009 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 January 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2009 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 15 FAIR FIELD PARK?

15 FAIR FIELD PARK is 110m² according to the EPC inspection conducted in December 2012. This puts it in the largest 40% of detached houses in Fivelanes, based on EPC data. The below chart shows the distribution of detached houses by size in Fivelanes, and where 15 FAIR FIELD PARK lies on this distribution: 58% of detached houses are smaller than 15 FAIR FIELD PARK, and 36% of houses are larger. Note that EPC data is not available for all properties in Fivelanes.

15 FAIR FIELD PARK: Plot and Title Map

15 FAIR FIELD PARK sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 15 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 15 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 15 FAIR FIELD PARK?

15 FAIR FIELD PARK is located in FIVE LANES, in the PL15 postcode district. The below map shows the position of No. 15 on FAIR FIELD PARK.