7, PARK ROAD, FOWEY, PL23 1EB - £389,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 PARK ROAD is a large extended semi-detached house of 131m², built sometime between 1900 and 1929, which could now be worth an estimated £520,435. It was last sold for £389,000 in February 2018, which was around 81% above the average February 2018 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

7 PARK ROAD Sold Prices

Land registry data shows three sales for 7 PARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three 7 PARK ROAD sales were for above 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 9 FEB	£389,000	£215,452	81% above HPI
2009 15 APR	£310,000	£169,714	83% above HPI
1995 24 FEB	£50,000	£45,086	11% above HPI

7 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 7 PARK ROAD sales between February 1995 and February 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 April 2009 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the February 2018 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 7 PARK ROAD be worth now?

7 PARK ROAD might now be worth an estimated £520,435.

This is based on house price inflation of 33.8%, between February 2018 and February 2025, for semi-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 33.8% inflationary increase is applied to the most recent sale price for 7 PARK ROAD of £389,000 on 9th February 2018. For the value to have increased from £389,000 to £520,435 over the seven years to February 2025, the following assumptions must hold true:

• The value of 7 PARK ROAD has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The February 2018 sale price of £389,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PARK ROAD has not materially changed since February 2018.

How Large is 7 PARK ROAD?

7 PARK ROAD is 131m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 40% of semi-detached houses houses in Fowey, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Fowey, and where 7 PARK ROAD lies on this distribution: 60% of semi-detached houses houses are smaller than 7 PARK ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Fowey.

7 PARK ROAD: Plot and Title Map

7 PARK ROAD sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 7 PARK 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 7 PARK 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.

Where is 7 PARK ROAD?

7 PARK ROAD is located in FOWEY, in the PL23 postcode district. The below map shows the position of No. 7 on PARK ROAD.