8, FAIR FIELD PARK, FIVE LANES, LAUNCESTON, PL15 7RQ - £134,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 FAIR FIELD PARK is a midsized detached house of 100m², built sometime between 1996 and 2002. It was last sold for £134,500 in October 2002, which was around 26% below the average October 2002 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

8 FAIR FIELD PARK Sold Prices

Land registry data shows two sales for 8 FAIR FIELD PARK 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 8 FAIR FIELD PARK 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
2002 28 OCT	£134,500	£180,565	26% below HPI
2000 27 SEP	£99,950	£121,107	17% below HPI

8 FAIR FIELD PARK 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 8 FAIR FIELD PARK sales from September 2000 and October 2002 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 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2002 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 FAIR FIELD PARK?

8 FAIR FIELD PARK is 100m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses in Fivelanes, based on EPC data. The below chart shows the distribution of detached houses by size in Fivelanes, and where 8 FAIR FIELD PARK lies on this distribution: 42% of detached houses are smaller than 8 FAIR FIELD PARK, and 58% of houses are larger. Note that EPC data is not available for all properties in Fivelanes.

8 FAIR FIELD PARK: Plot and Title Map

8 FAIR FIELD PARK sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 8 FAIR FIELD PARK, 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 8 FAIR FIELD PARK). 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 8 FAIR FIELD PARK?

8 FAIR FIELD PARK is located in FIVE LANES, in the PL15 postcode district. The below map shows the position of No. 8 on FAIR FIELD PARK.