5, SHIRES WAY, ROCHE, ST AUSTELL, PL26 8FE - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 SHIRES WAY is a very small detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £299,010. It was last sold for £220,000 in August 2017, which was around 32% below the average August 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

5 SHIRES WAY Sold Prices

Land registry data shows two sales for 5 SHIRES WAY 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 5 SHIRES WAY 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
2017 11 AUG	£220,000	£321,698	32% below HPI
2002 9 AUG	£125,000	£173,722	28% below HPI

5 SHIRES WAY 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 5 SHIRES WAY sales from August 2002 and August 2017 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 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 5 SHIRES WAY be worth now?

5 SHIRES WAY might now be worth an estimated £299,010.

This is based on house price inflation of 35.9%, between August 2017 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 35.9% inflationary increase is applied to the most recent sale price for 5 SHIRES WAY of £220,000 on 11th August 2017. For the value to have increased from £220,000 to £299,010 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 5 SHIRES WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SHIRES WAY has not materially changed since August 2017.

How Large is 5 SHIRES WAY?

5 SHIRES WAY is 70m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses houses in Roche, based on EPC data. The below chart shows the distribution of detached houses houses by size in Roche, and where 5 SHIRES WAY lies on this distribution: 9% of detached houses houses are smaller than 5 SHIRES WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Roche.

5 SHIRES WAY: Plot and Title Map

5 SHIRES WAY sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 5 SHIRES WAY, 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 5 SHIRES WAY). 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 5 SHIRES WAY?

5 SHIRES WAY is located in ROCHE, in the PL26 postcode district. The below map shows the position of No. 5 on SHIRES WAY.