1B, WELWAY, PERRANPORTH, TR6 0HF - £598,000

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.

1B WELWAY is a midsized semi-detached house of 127m², which could now be worth an estimated £694,489. It was last sold for £598,000 in May 2021, which was around 141% above the average May 2021 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.

1B WELWAY Sold Prices

Land registry data shows four sales for 1B WELWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the four 1B WELWAY sales were for above 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
2021 28 MAY	£598,000	£248,201	141% above HPI
2020 15 DEC	£480,000	£247,300	94% above HPI
2019 10 SEP	£435,000	£225,929	93% above HPI
2013 6 SEP	£325,000	£184,402	76% above HPI

1B WELWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 1B WELWAY sales between September 2013 and May 2021 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 December 2020 sale was for 94% above the HPI. So the extrapolation line tracks at 94% above the HPI over time, until the May 2021 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

What might 1B WELWAY be worth now?

1B WELWAY might now be worth an estimated £694,489.

This is based on house price inflation of 16.1%, between May 2021 and February 2025, for semi-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 16.1% inflationary increase is applied to the most recent sale price for 1B WELWAY of £598,000 on 28th May 2021. For the value to have increased from £598,000 to £694,489 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 1B WELWAY has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The May 2021 sale price of £598,000 represented a fair market value for the property.
• The size, condition, and specification of 1B WELWAY has not materially changed since May 2021.

How Large is 1B WELWAY?

1B WELWAY is 127m² according to the EPC inspection conducted in July 2013. This puts it in the largest 50% of semi-detached houses houses in Perranporth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Perranporth, and where 1B WELWAY lies on this distribution: 56% of semi-detached houses houses are smaller than 1B WELWAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Perranporth.

1B WELWAY: Plot and Title Map

1B WELWAY sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 1B WELWAY, 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 1B WELWAY). 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 1B WELWAY?

1B WELWAY is located in PERRANPORTH, in the TR6 postcode district. The below map shows the position of No. 1B on WELWAY.