2, SERPELLS MEADOW, POLYPHANT, LAUNCESTON, PL15 7PR - £242,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 SERPELLS MEADOW is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £242,000 in February 2020, which was around 29% below the average February 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

2 SERPELLS MEADOW Sold Prices

Land registry data shows four sales for 2 SERPELLS 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 2 SERPELLS 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
2020 3 FEB	£242,000	£339,150	29% below HPI
2017 2 AUG	£210,000	£316,709	34% below HPI
2000 15 DEC	£80,000	£120,548	34% below HPI
1998 27 MAR	£67,500	£86,489	22% below HPI

2 SERPELLS 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 2 SERPELLS MEADOW sales between March 1998 and February 2020 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 August 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 SERPELLS MEADOW?

2 SERPELLS MEADOW is 110m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 50% of detached houses in Polyphant, based on EPC data. The below chart shows the distribution of detached houses by size in Polyphant, and where 2 SERPELLS MEADOW lies on this distribution: 57% of detached houses are smaller than 2 SERPELLS MEADOW, and 43% of houses are larger. Note that EPC data is not available for all properties in Polyphant.

2 SERPELLS MEADOW: Plot and Title Map

2 SERPELLS MEADOW sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 2 SERPELLS 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 2 SERPELLS 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 2 SERPELLS MEADOW?

2 SERPELLS MEADOW is located in POLYPHANT, in the PL15 postcode district. The below map shows the position of No. 2 on SERPELLS MEADOW.