4, PEDLARS CLOSE, PETHERWIN GATE, LAUNCESTON, PL15 8XG - £300,000

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

4 PEDLARS CLOSE is a very large detached house of 129m², built sometime between 1991 and 1995. It was last sold for £300,000 in October 2019, which was around 12% below the average October 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

4 PEDLARS CLOSE Sold Prices

Land registry data shows four sales for 4 PEDLARS CLOSE 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. Most of the four 4 PEDLARS CLOSE 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 18 OCT	£300,000	£342,324	12% below HPI
2008 1 DEC	£240,000	£260,474	8% below HPI
2003 23 MAY	£219,000	£205,598	7% above HPI
1998 1 JUN	£87,900	£88,388	1% below HPI

4 PEDLARS CLOSE 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 4 PEDLARS CLOSE sales between June 1998 and October 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 December 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 4 PEDLARS CLOSE?

4 PEDLARS CLOSE is 129m² according to the EPC inspection conducted in December 2015. This puts it in the largest 20% of detached houses in North Petherwin, based on EPC data. The below chart shows the distribution of detached houses by size in North Petherwin, and where 4 PEDLARS CLOSE lies on this distribution: 82% of detached houses are smaller than 4 PEDLARS CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in North Petherwin.

4 PEDLARS CLOSE: Plot and Title Map

4 PEDLARS CLOSE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 4 PEDLARS CLOSE, 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 4 PEDLARS CLOSE). 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 4 PEDLARS CLOSE?

4 PEDLARS CLOSE is located in PETHERWIN GATE, in the PL15 postcode district. The below map shows the position of No. 4 on PEDLARS CLOSE.