16, GROVE PARK, TORPOINT, PL11 2PP - £175,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 GROVE PARK is a very small detached house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £226,967. It was last sold for £175,000 in August 2018, which was around 48% below the average August 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

16 GROVE PARK Sold Prices

Land registry data shows three sales for 16 GROVE 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 16 GROVE 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
2018 17 AUG	£175,000	£337,121	48% below HPI
2005 17 JUN	£165,000	£262,718	37% below HPI
2003 22 MAY	£130,000	£208,837	38% below HPI

16 GROVE 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 16 GROVE PARK sales between May 2003 and August 2018 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 June 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2018 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 16 GROVE PARK be worth now?

16 GROVE PARK might now be worth an estimated £226,967.

This is based on house price inflation of 29.7%, between August 2018 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.7% inflationary increase is applied to the most recent sale price for 16 GROVE PARK of £175,000 on 17th August 2018. For the value to have increased from £175,000 to £226,967 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 16 GROVE PARK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GROVE PARK has not materially changed since August 2018.

How Large is 16 GROVE PARK?

16 GROVE PARK is 55m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses houses in Torpoint, based on EPC data. The below chart shows the distribution of detached houses houses by size in Torpoint, and where 16 GROVE PARK lies on this distribution: 7% of detached houses houses are smaller than 16 GROVE PARK, and 92% of houses are larger. Note that EPC data is not available for all properties in Torpoint.

16 GROVE PARK: Plot and Title Map

16 GROVE PARK sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 16 GROVE 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 16 GROVE 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 16 GROVE PARK?

16 GROVE PARK is located in TORPOINT, in the PL11 postcode district. The below map shows the position of No. 16 on GROVE PARK.