8, GRASSMERE WAY, PILLMERE, SALTASH, PL12 6YT - £260,000

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

8 GRASSMERE WAY is a very small detached house of 80m², built sometime between 2003 and 2006. It was last sold for £260,000 in April 2022, which was around 39% below the average April 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

8 GRASSMERE WAY Sold Prices

Land registry data shows three sales for 8 GRASSMERE WAY 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 8 GRASSMERE WAY 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
2022 26 APR	£260,000	£427,134	39% below HPI
2014 21 MAR	£172,000	£280,896	39% below HPI
2003 28 MAY	£134,995	£205,598	34% below HPI

8 GRASSMERE WAY 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 8 GRASSMERE WAY sales between May 2003 and April 2022 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2022 sale, which was also at 39% below the HPI.

How Large is 8 GRASSMERE WAY?

8 GRASSMERE WAY is 80m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses by size in Saltash, and where 8 GRASSMERE WAY lies on this distribution: 18% of detached houses are smaller than 8 GRASSMERE WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Saltash.

8 GRASSMERE WAY: Plot and Title Map

8 GRASSMERE WAY sits on a plot of roughly 21.4 acres, or 86,564m². The below map shows the location of 8 GRASSMERE WAY, 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 GRASSMERE WAY). 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 GRASSMERE WAY?

8 GRASSMERE WAY is located in PILLMERE, in the PL12 postcode district. The below map shows the position of No. 8 on GRASSMERE WAY.