4, SPEEDWELL CLOSE, MILLBROOK, TORPOINT, PL10 1DS - £159,119

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.

4 SPEEDWELL CLOSE is a small detached house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £256,195. It was last sold for £159,119 in April 2013, which was around 41% below the average April 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2011, where the current energy rating was F, and the potential energy rating was E.

4 SPEEDWELL CLOSE Sold Prices

Land registry data shows two sales for 4 SPEEDWELL CLOSE 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 4 SPEEDWELL 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
2013 18 APR	£159,119	£271,558	41% below HPI
2012 11 JUN	£215,000	£282,400	24% below HPI

4 SPEEDWELL 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 two 4 SPEEDWELL CLOSE sales from June 2012 and April 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 June 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2013 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 4 SPEEDWELL CLOSE be worth now?

4 SPEEDWELL CLOSE might now be worth an estimated £256,195.

This is based on house price inflation of 61%, between April 2013 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 61% inflationary increase is applied to the most recent sale price for 4 SPEEDWELL CLOSE of £159,119 on 18th April 2013. For the value to have increased from £159,119 to £256,195 over the twelve years and two months to February 2025, the following assumptions must hold true:

• The value of 4 SPEEDWELL CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2013 sale price of £159,119 represented a fair market value for the property.
• The size, condition, and specification of 4 SPEEDWELL CLOSE has not materially changed since April 2013.

How Large is 4 SPEEDWELL CLOSE?

4 SPEEDWELL CLOSE is 85m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% of detached houses houses in Millbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Millbrook, and where 4 SPEEDWELL CLOSE lies on this distribution: 30% of detached houses houses are smaller than 4 SPEEDWELL CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Millbrook.

4 SPEEDWELL CLOSE: Plot and Title Map

4 SPEEDWELL CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 4 SPEEDWELL 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 SPEEDWELL 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 SPEEDWELL CLOSE?

4 SPEEDWELL CLOSE is located in MILLBROOK, in the PL10 postcode district. The below map shows the position of No. 4 on SPEEDWELL CLOSE.