31, COMPASS WEST, TREGADILLETT, LAUNCESTON, PL15 7EA - £52,000

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

31 COMPASS WEST is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £52,000 in December 1997, which was around 40% below the average December 1997 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

31 COMPASS WEST Sold Prices

Land registry data shows two sales for 31 COMPASS WEST 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 31 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
1997 15 DEC	£52,000	£85,978	40% below HPI
1996 12 AUG	£38,000	£72,969	48% below HPI

31 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 two 31 COMPASS WEST sales from August 1996 and December 1997 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 August 1996 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 1997 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 31 COMPASS WEST?

31 COMPASS WEST is 62m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Tregadillett, based on EPC data. The below chart shows the distribution of detached houses by size in Tregadillett, and where 31 COMPASS WEST lies on this distribution: 16% of detached houses are smaller than 31 COMPASS WEST, and 79% of houses are larger. Note that EPC data is not available for all properties in Tregadillett.

31 COMPASS WEST: Plot and Title Map

31 COMPASS WEST sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 31 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 31 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 31 COMPASS WEST?

31 COMPASS WEST is located in TREGADILLETT, in the PL15 postcode district. The below map shows the position of No. 31 on COMPASS WEST.