8, WELMAN ROAD, MILLBROOK, TORPOINT, PL10 1QA - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 WELMAN ROAD is a midsized detached house of 115m², built sometime between 1991 and 1995. It was last sold for £310,000 in December 2018, which was around 8% below the average December 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

8 WELMAN ROAD Sold Prices

Land registry data shows four sales for 8 WELMAN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four 8 WELMAN ROAD 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 7 DEC	£310,000	£335,595	8% below HPI
2014 12 SEP	£249,950	£290,112	14% below HPI
2002 27 NOV	£160,000	£187,019	14% below HPI
1995 24 FEB	£72,650	£70,180	4% above HPI

8 WELMAN ROAD 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 four 8 WELMAN ROAD sales between February 1995 and December 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 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 8 WELMAN ROAD?

8 WELMAN ROAD is 115m² according to the EPC inspection conducted in August 2014. This puts it in the largest 50% of detached houses in Millbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Millbrook, and where 8 WELMAN ROAD lies on this distribution: 55% of detached houses are smaller than 8 WELMAN ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Millbrook.

8 WELMAN ROAD: Plot and Title Map

8 WELMAN ROAD sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 8 WELMAN 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 8 WELMAN 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 8 WELMAN ROAD?

8 WELMAN ROAD is located in MILLBROOK, in the PL10 postcode district. The below map shows the position of No. 8 on WELMAN ROAD.