27, COMPASS WEST, TREGADILLETT, LAUNCESTON, PL15 7EA - £265,000

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

27 COMPASS WEST is a small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £265,000 in March 2022, which was around 37% below the average March 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was B.

27 COMPASS WEST Sold Prices

Land registry data shows four sales for 27 COMPASS WEST 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 27 COMPASS WEST 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 1 MAR	£265,000	£423,857	37% below HPI
2016 18 NOV	£178,000	£307,645	42% below HPI
2007 3 OCT	£178,000	£301,184	41% below HPI
1997 23 MAY	£52,000	£77,551	33% below HPI

27 COMPASS WEST 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 27 COMPASS WEST sales between May 1997 and March 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 November 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the March 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 27 COMPASS WEST?

27 COMPASS WEST is 64m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses in Tregadillett, based on EPC data. The below chart shows the distribution of detached houses by size in Tregadillett, and where 27 COMPASS WEST lies on this distribution: 26% of detached houses are smaller than 27 COMPASS WEST, and 69% of houses are larger. Note that EPC data is not available for all properties in Tregadillett.

27 COMPASS WEST: Plot and Title Map

27 COMPASS WEST sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 27 COMPASS WEST, 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 27 COMPASS WEST). 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 27 COMPASS WEST?

27 COMPASS WEST is located in TREGADILLETT, in the PL15 postcode district. The below map shows the position of No. 27 on COMPASS WEST.