COMPASS HOUSE, TREGADILLETT, LAUNCESTON, PL15 7EU - £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

COMPASS HOUSE is a very large extended detached house of 169m², built sometime between 1996 and 2002. It was last sold for £260,000 in June 2013, which was around 5% below the average June 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

COMPASS HOUSE Sold Prices

Land registry data shows two sales for COMPASS HOUSE 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 COMPASS HOUSE 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
2013 25 JUN	£260,000	£272,671	5% below HPI
2008 15 FEB	£285,000	£296,771	4% below HPI

COMPASS HOUSE 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 COMPASS HOUSE sales from February 2008 and June 2013 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 February 2008 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2013 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is COMPASS HOUSE?

COMPASS HOUSE is 169m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 10% of detached houses in Tregadillett, based on EPC data. The below chart shows the distribution of detached houses by size in Tregadillett, and where COMPASS HOUSE lies on this distribution: 97% of detached houses are smaller than COMPASS HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Tregadillett.

COMPASS HOUSE: Plot and Title Map

COMPASS HOUSE sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of COMPASS HOUSE, 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 COMPASS HOUSE). 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 COMPASS HOUSE?

COMPASS HOUSE is located in TREGADILLETT, in the PL15 postcode district. The below map shows the position of COMPASS HOUSE in TREGADILLETT.