28, PROUTS WAY, TREGADILLETT, LAUNCESTON, PL15 7HT - £215,000

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

28 PROUTS WAY is a midsized detached house of 72m², built sometime between 1976 and 1982. It was last sold for £215,000 in February 2019, which was around 36% below the average February 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

28 PROUTS WAY Sold Prices

Land registry data shows five sales for 28 PROUTS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five 28 PROUTS WAY 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
2019 8 FEB	£215,000	£334,777	36% below HPI
2016 12 SEP	£187,000	£302,629	38% below HPI
2006 28 JUN	£195,000	£268,950	27% below HPI
2003 24 OCT	£140,000	£220,779	37% below HPI
1998 14 JAN	£50,000	£86,449	42% below HPI

28 PROUTS WAY 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 five 28 PROUTS WAY sales between January 1998 and February 2019 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 2016 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2019 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 28 PROUTS WAY?

28 PROUTS WAY is 72m² according to the EPC inspection conducted in June 2016. This puts it in the largest 50% of detached houses in Tregadillett, based on EPC data. The below chart shows the distribution of detached houses by size in Tregadillett, and where 28 PROUTS WAY lies on this distribution: 49% of detached houses are smaller than 28 PROUTS WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Tregadillett.

28 PROUTS WAY: Plot and Title Map

28 PROUTS WAY sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 28 PROUTS WAY, 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 28 PROUTS WAY). 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 28 PROUTS WAY?

28 PROUTS WAY is located in TREGADILLETT, in the PL15 postcode district. The below map shows the position of No. 28 on PROUTS WAY.