3, WELMAN ROAD, MILLBROOK, TORPOINT, PL10 1QA - £245,000

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

3 WELMAN ROAD is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £245,000 in October 2013, which was around 12% below the average October 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

3 WELMAN ROAD Sold Prices

Land registry data shows two sales for 3 WELMAN ROAD 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 WELMAN ROAD 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
2013 25 OCT	£245,000	£277,618	12% below HPI
1997 5 DEC	£79,500	£85,978	8% below HPI

3 WELMAN ROAD 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 WELMAN ROAD sales from December 1997 and October 2013 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 December 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2013 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 WELMAN ROAD?

3 WELMAN ROAD is 97m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Millbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Millbrook, and where 3 WELMAN ROAD lies on this distribution: 37% of detached houses are smaller than 3 WELMAN ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Millbrook.

3 WELMAN ROAD: Plot and Title Map

3 WELMAN ROAD sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 3 WELMAN ROAD, 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 WELMAN ROAD). 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 WELMAN ROAD?

3 WELMAN ROAD is located in MILLBROOK, in the PL10 postcode district. The below map shows the position of No. 3 on WELMAN ROAD.