81, PROUTS WAY, TREGADILLETT, LAUNCESTON, PL15 7HT - £275,000

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

81 PROUTS WAY is a large extended detached house of 104m², built sometime between 1983 and 1990. It was last sold for £275,000 in August 2019, which was around 19% below the average August 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was C.

81 PROUTS WAY Sold Prices

Land registry data shows three sales for 81 PROUTS 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 81 PROUTS 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
2019 22 AUG	£275,000	£339,686	19% below HPI
2014 12 SEP	£208,000	£290,112	28% below HPI
2009 18 DEC	£160,000	£266,202	40% below HPI

81 PROUTS 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 81 PROUTS WAY sales between December 2009 and August 2019 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 81 PROUTS WAY?

81 PROUTS WAY is 104m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% of detached houses in Tregadillett, based on EPC data. The below chart shows the distribution of detached houses by size in Tregadillett, and where 81 PROUTS WAY lies on this distribution: 69% of detached houses are smaller than 81 PROUTS WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Tregadillett.

81 PROUTS WAY: Plot and Title Map

81 PROUTS WAY sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 81 PROUTS 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 81 PROUTS 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 81 PROUTS WAY?

81 PROUTS WAY is located in TREGADILLETT, in the PL15 postcode district. The below map shows the position of No. 81 on PROUTS WAY.