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

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

6 COMPASS WEST is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £290,000 in February 2024, which was around 32% 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	£428,871	32% below HPI
2018 16 NOV	£210,000	£339,199	38% below HPI
2007 19 DEC	£192,000	£299,297	36% below HPI
2004 27 JUL	£165,000	£248,122	34% 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2024 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

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 in Tregadillett, based on EPC data. The below chart shows the distribution of detached houses by size in Tregadillett, and where 6 COMPASS WEST lies on this distribution: 11% of detached houses are smaller than 6 COMPASS WEST, and 89% 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.