2, THE GALLOPS, PILLMERE, SALTASH, PL12 6WQ - £200,000

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.

2 THE GALLOPS is a midsized detached house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £296,747. It was last sold for £200,000 in September 2014, which was around 32% below the average September 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

2 THE GALLOPS Sold Prices

Land registry data shows three sales for 2 THE GALLOPS 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 2 THE GALLOPS 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
2014 1 SEP	£200,000	£294,683	32% below HPI
2006 27 APR	£185,000	£268,121	31% below HPI
2003 30 SEP	£162,795	£221,521	27% below HPI

2 THE GALLOPS 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 2 THE GALLOPS sales between September 2003 and September 2014 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 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 THE GALLOPS be worth now?

2 THE GALLOPS might now be worth an estimated £296,747.

This is based on house price inflation of 48.4%, between September 2014 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 48.4% inflationary increase is applied to the most recent sale price for 2 THE GALLOPS of £200,000 on 1st September 2014. For the value to have increased from £200,000 to £296,747 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 THE GALLOPS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2014 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE GALLOPS has not materially changed since September 2014.

How Large is 2 THE GALLOPS?

2 THE GALLOPS is 100m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 50% of detached houses houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saltash, and where 2 THE GALLOPS lies on this distribution: 42% of detached houses houses are smaller than 2 THE GALLOPS, and 57% of houses are larger. Note that EPC data is not available for all properties in Saltash.

2 THE GALLOPS: Plot and Title Map

2 THE GALLOPS sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 2 THE GALLOPS, 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 THE GALLOPS). 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 THE GALLOPS?

2 THE GALLOPS is located in PILLMERE, in the PL12 postcode district. The below map shows the position of No. 2 on THE GALLOPS.