Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 WELMAN ROAD is a small detached house of 90m², built sometime between 1991 and 1995. It was last sold for £84,000 in July 2000, which was around 27% below the average July 2000 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2024, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows two sales for 4 WELMAN ROAD since 1st 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 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 |
---|---|---|---|
2000 24 JUL | £84,000 | £114,703 | 27% below HPI |
1995 14 JUN | £63,000 | £70,749 | 11% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 4 WELMAN ROAD sales from June 1995 and July 2000 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 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2000 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
4 WELMAN ROAD is 90m² according to the EPC inspection conducted in February 2024. 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 4 WELMAN ROAD lies on this distribution: 33% of detached houses are smaller than 4 WELMAN ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Millbrook.
4 WELMAN ROAD sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 4 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 4 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.
4 WELMAN ROAD is located in MILLBROOK, in the PL10 postcode district. The below map shows the position of No. 4 on WELMAN ROAD.