7, KNAPMEDOWN, WARBSTOW CROSS, LAUNCESTON, PL15 8TZ - £255,000

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

7 KNAPMEDOWN is a midsized extended detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £334,193. It was last sold for £255,000 in March 2018, which was around 24% below the average March 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

7 KNAPMEDOWN Sold Prices

Land registry data shows two sales for 7 KNAPMEDOWN 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 7 KNAPMEDOWN 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
2018 22 MAR	£255,000	£333,621	24% below HPI
2012 27 SEP	£202,500	£274,275	26% below HPI

7 KNAPMEDOWN 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 7 KNAPMEDOWN sales from September 2012 and March 2018 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 September 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 7 KNAPMEDOWN be worth now?

7 KNAPMEDOWN might now be worth an estimated £334,193.

This is based on house price inflation of 31.1%, between March 2018 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 31.1% inflationary increase is applied to the most recent sale price for 7 KNAPMEDOWN of £255,000 on 22nd March 2018. For the value to have increased from £255,000 to £334,193 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 7 KNAPMEDOWN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2018 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 7 KNAPMEDOWN has not materially changed since March 2018.

How Large is 7 KNAPMEDOWN?

7 KNAPMEDOWN is 104m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of detached houses houses in Warbstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warbstow, and where 7 KNAPMEDOWN lies on this distribution: 52% of detached houses houses are smaller than 7 KNAPMEDOWN, and 46% of houses are larger. Note that EPC data is not available for all properties in Warbstow.

7 KNAPMEDOWN: Plot and Title Map

7 KNAPMEDOWN sits on a plot of roughly 0.148 of an acre, or 599m². The below map shows the location of 7 KNAPMEDOWN, 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 7 KNAPMEDOWN). 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 7 KNAPMEDOWN?

7 KNAPMEDOWN is located in WARBSTOW CROSS, in the PL15 postcode district. The below map shows the position of No. 7 on KNAPMEDOWN.