2, KNAPMEDOWN, WARBSTOW CROSS, LAUNCESTON, PL15 8TZ - £351,000

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

2 KNAPMEDOWN is a small detached house of 84m², built sometime between 1967 and 1975. It was last sold for £351,000 in June 2022, which was around 19% below the average June 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was D.

2 KNAPMEDOWN Sold Prices

Land registry data shows four sales for 2 KNAPMEDOWN 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 2 KNAPMEDOWN 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
2022 16 JUN	£351,000	£434,242	19% below HPI
2017 15 SEP	£220,000	£321,865	32% below HPI
2014 12 JUN	£216,000	£277,730	22% below HPI
2011 15 SEP	£175,000	£274,568	36% below HPI

2 KNAPMEDOWN 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 2 KNAPMEDOWN sales between September 2011 and June 2022 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 September 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 KNAPMEDOWN?

2 KNAPMEDOWN is 84m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 30% of detached houses in Warbstow, based on EPC data. The below chart shows the distribution of detached houses by size in Warbstow, and where 2 KNAPMEDOWN lies on this distribution: 25% of detached houses are smaller than 2 KNAPMEDOWN, and 75% of houses are larger. Note that EPC data is not available for all properties in Warbstow.

2 KNAPMEDOWN: Plot and Title Map

2 KNAPMEDOWN sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of 2 KNAPMEDOWN, 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 2 KNAPMEDOWN). 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 2 KNAPMEDOWN?

2 KNAPMEDOWN is located in WARBSTOW CROSS, in the PL15 postcode district. The below map shows the position of No. 2 on KNAPMEDOWN.