FIVEWELLS, LOWER KELLY, CALSTOCK, PL18 9RX - £475,000

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

FIVEWELLS is a large extended detached house of 178m², built sometime before 1900. It was last sold for £475,000 in April 2021, which was around 26% above the average April 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2018, where the current energy rating was F, and the potential energy rating was C.

FIVEWELLS Sold Prices

Land registry data shows four sales for FIVEWELLS 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 FIVEWELLS sales were for above 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
2021 9 APR	£475,000	£376,698	26% above HPI
2002 20 SEP	£217,500	£175,013	24% above HPI
2000 6 JAN	£169,950	£103,337	64% above HPI
1998 18 AUG	£40,000	£90,247	56% below HPI

FIVEWELLS 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 FIVEWELLS sales between August 1998 and April 2021 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 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the April 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is FIVEWELLS?

FIVEWELLS is 178m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Calstock, based on EPC data. The below chart shows the distribution of detached houses by size in Calstock, and where FIVEWELLS lies on this distribution: 72% of detached houses are smaller than FIVEWELLS, and 28% of houses are larger. Note that EPC data is not available for all properties in Calstock.

FIVEWELLS: Plot and Title Map

FIVEWELLS sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of FIVEWELLS, 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 FIVEWELLS). 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 FIVEWELLS?

FIVEWELLS is located in LOWER KELLY, in the PL18 postcode district. The below map shows the position of FIVEWELLS in LOWER KELLY.