2, TRELAWNEY CLOSE, WARBSTOW, LAUNCESTON, PL15 8UY - £175,000

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 TRELAWNEY CLOSE is a very small detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £222,078. It was last sold for £175,000 in November 2018, which was around 49% below the average November 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was B.

2 TRELAWNEY CLOSE Sold Prices

Land registry data shows two sales for 2 TRELAWNEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 2 TRELAWNEY CLOSE 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
2018 30 NOV	£175,000	£344,543	49% below HPI
1995 17 OCT	£45,000	£71,760	37% below HPI

2 TRELAWNEY CLOSE 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 two 2 TRELAWNEY CLOSE sales from October 1995 and November 2018 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 October 1995 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2018 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 2 TRELAWNEY CLOSE be worth now?

2 TRELAWNEY CLOSE might now be worth an estimated £222,078.

This is based on house price inflation of 26.9%, between November 2018 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 26.9% inflationary increase is applied to the most recent sale price for 2 TRELAWNEY CLOSE of £175,000 on 30th November 2018. For the value to have increased from £175,000 to £222,078 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 TRELAWNEY CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2018 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 TRELAWNEY CLOSE has not materially changed since November 2018.

How Large is 2 TRELAWNEY CLOSE?

2 TRELAWNEY CLOSE is 63m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of detached houses houses in Warbstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warbstow, and where 2 TRELAWNEY CLOSE lies on this distribution: 2% of detached houses houses are smaller than 2 TRELAWNEY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Warbstow.

2 TRELAWNEY CLOSE: Plot and Title Map

2 TRELAWNEY CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 2 TRELAWNEY CLOSE, 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 TRELAWNEY CLOSE). 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 TRELAWNEY CLOSE?

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