7, RAINYFIELDS, PADSTOW, PL28 8EZ - £345,000

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

7 RAINYFIELDS is a midsized extended detached house of 101m², built sometime between 1976 and 1982. It was last sold for £345,000 in October 2015, which was around 13% above the average October 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

7 RAINYFIELDS Sold Prices

Land registry data shows three sales for 7 RAINYFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 7 RAINYFIELDS 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
2015 20 OCT	£345,000	£305,354	13% above HPI
1998 20 MAR	£88,000	£86,489	2% above HPI
1995 22 SEP	£81,000	£70,014	16% above HPI

7 RAINYFIELDS 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 three 7 RAINYFIELDS sales between September 1995 and October 2015 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 March 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2015 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 7 RAINYFIELDS?

7 RAINYFIELDS is 101m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% of detached houses in Padstow, based on EPC data. The below chart shows the distribution of detached houses by size in Padstow, and where 7 RAINYFIELDS lies on this distribution: 45% of detached houses are smaller than 7 RAINYFIELDS, and 55% of houses are larger. Note that EPC data is not available for all properties in Padstow.

7 RAINYFIELDS: Plot and Title Map

7 RAINYFIELDS sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 7 RAINYFIELDS, 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 RAINYFIELDS). 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 RAINYFIELDS?

7 RAINYFIELDS is located in PADSTOW, in the PL28 postcode district. The below map shows the position of No. 7 on RAINYFIELDS.