16, WELL MEADOW, EGLOSKERRY, LAUNCESTON, PL15 8SS - £240,000

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 WELL MEADOW is a midsized detached house of 103m², built sometime between 2003 and 2006, which could now be worth an estimated £383,881. It was last sold for £240,000 in November 2012, which was around 12% below the average November 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was A.

16 WELL MEADOW Sold Prices

Land registry data shows four sales for 16 WELL MEADOW 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 16 WELL MEADOW 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
2012 28 NOV	£240,000	£273,354	12% below HPI
2011 1 APR	£249,995	£274,768	9% below HPI
2007 3 DEC	£263,000	£304,013	13% below HPI
2004 1 SEP	£175,000	£261,089	33% below HPI

16 WELL MEADOW 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 16 WELL MEADOW sales between September 2004 and November 2012 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 April 2011 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2012 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 16 WELL MEADOW be worth now?

16 WELL MEADOW might now be worth an estimated £383,881.

This is based on house price inflation of 60%, between November 2012 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 60% inflationary increase is applied to the most recent sale price for 16 WELL MEADOW of £240,000 on 28th November 2012. For the value to have increased from £240,000 to £383,881 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 WELL MEADOW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2012 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WELL MEADOW has not materially changed since November 2012.

How Large is 16 WELL MEADOW?

16 WELL MEADOW is 103m² according to the EPC inspection conducted in March 2015. This puts it in the largest 50% of detached houses houses in Egloskerry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Egloskerry, and where 16 WELL MEADOW lies on this distribution: 56% of detached houses houses are smaller than 16 WELL MEADOW, and 44% of houses are larger. Note that EPC data is not available for all properties in Egloskerry.

16 WELL MEADOW: Plot and Title Map

16 WELL MEADOW sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 16 WELL MEADOW, 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 WELL MEADOW). 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 WELL MEADOW?

16 WELL MEADOW is located in EGLOSKERRY, in the PL15 postcode district. The below map shows the position of No. 16 on WELL MEADOW.