3, THE ELMS, HATT, SALTASH, PL12 6PW - £255,000

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.

3 THE ELMS is a small detached house of 101m², which could now be worth an estimated £330,724. It was last sold for £255,000 in August 2018, which was around 24% below the average August 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was B.

3 THE ELMS Sold Prices

Land registry data shows two sales for 3 THE ELMS 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 3 THE ELMS 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 6 AUG	£255,000	£337,121	24% below HPI
2015 12 JUN	£235,000	£301,492	22% below HPI

3 THE ELMS 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 3 THE ELMS sales from June 2015 and August 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 June 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 THE ELMS be worth now?

3 THE ELMS might now be worth an estimated £330,724.

This is based on house price inflation of 29.7%, between August 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 29.7% inflationary increase is applied to the most recent sale price for 3 THE ELMS of £255,000 on 6th August 2018. For the value to have increased from £255,000 to £330,724 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 3 THE ELMS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2018 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE ELMS has not materially changed since August 2018.

How Large is 3 THE ELMS?

3 THE ELMS is 101m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses houses in Hatt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatt, and where 3 THE ELMS lies on this distribution: 38% of detached houses houses are smaller than 3 THE ELMS, and 60% of houses are larger. Note that EPC data is not available for all properties in Hatt.

3 THE ELMS: Plot and Title Map

3 THE ELMS sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 3 THE ELMS, 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 3 THE ELMS). 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 3 THE ELMS?

3 THE ELMS is located in HATT, in the PL12 postcode district. The below map shows the position of No. 3 on THE ELMS.