6, COMPASS WEST, TREGADILLETT, LAUNCESTON, PL15 7EA - £290,000

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

6 COMPASS WEST is a very small detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £296,648. It was last sold for £290,000 in February 2024, which was around 33% below the average February 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

6 COMPASS WEST Sold Prices

Land registry data shows four sales for 6 COMPASS WEST 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. All of the four 6 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
2024 23 FEB	£290,000	£434,053	33% below HPI
2018 16 NOV	£210,000	£344,543	39% below HPI
2007 19 DEC	£192,000	£304,013	37% below HPI
2004 27 JUL	£165,000	£252,031	35% below HPI

6 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 four 6 COMPASS WEST sales between July 2004 and February 2024 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 November 2018 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 6 COMPASS WEST be worth now?

6 COMPASS WEST might now be worth an estimated £296,648.

This is based on house price inflation of 2.3%, between February 2024 and December 2024, 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 2.3% inflationary increase is applied to the most recent sale price for 6 COMPASS WEST of £290,000 on 23rd February 2024. For the value to have increased from £290,000 to £296,648 over the two months to December 2024, the following assumptions must hold true:

• The value of 6 COMPASS WEST has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2024 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 6 COMPASS WEST has not materially changed since February 2024.

How Large is 6 COMPASS WEST?

6 COMPASS WEST is 61m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses houses in Tregadillett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tregadillett, and where 6 COMPASS WEST lies on this distribution: 13% of detached houses houses are smaller than 6 COMPASS WEST, and 87% of houses are larger. Note that EPC data is not available for all properties in Tregadillett.

6 COMPASS WEST: Plot and Title Map

6 COMPASS WEST sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 6 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 6 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 6 COMPASS WEST?

6 COMPASS WEST is located in TREGADILLETT, in the PL15 postcode district. The below map shows the position of No. 6 on COMPASS WEST.