9, MILCH PARK, LATCHBROOK, SALTASH, PL12 4UF - £230,000

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

9 MILCH PARK is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £230,000 in September 2018, which was around 31% below the average September 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

9 MILCH PARK Sold Prices

Land registry data shows four sales for 9 MILCH PARK 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. All of the four 9 MILCH 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
2018 28 SEP	£230,000	£335,524	31% below HPI
2015 20 NOV	£215,000	£306,547	30% below HPI
2012 16 JUL	£180,000	£278,214	35% below HPI
1997 12 NOV	£67,000	£85,550	22% below HPI

9 MILCH 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 four 9 MILCH PARK sales between November 1997 and September 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 November 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 9 MILCH PARK?

9 MILCH PARK is 75m² according to the EPC inspection conducted in February 2015. 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 9 MILCH PARK lies on this distribution: 12% of detached houses are smaller than 9 MILCH PARK, and 87% of houses are larger. Note that EPC data is not available for all properties in Saltash.

9 MILCH PARK: Plot and Title Map

9 MILCH PARK sits on a plot of roughly 12.9 acres, or 52,389m². The below map shows the location of 9 MILCH 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 9 MILCH 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 9 MILCH PARK?

9 MILCH PARK is located in LATCHBROOK, in the PL12 postcode district. The below map shows the position of No. 9 on MILCH PARK.