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
HOMESTEAD is a midsized detached house of 113m². It was last sold for £345,000 in December 2018, which was around 3% above the average December 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2013, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for HOMESTEAD since 1st 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. One of the two HOMESTEAD sales was for above the average price, whilst the other was 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 6 DEC | £345,000 | £335,595 | 3% above HPI |
2013 14 NOV | £245,000 | £277,939 | 12% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two HOMESTEAD sales from November 2013 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 November 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2018 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
HOMESTEAD is 113m² according to the EPC inspection conducted in March 2013. This puts it in the largest 50% of detached houses in Leedstown, based on EPC data. The below chart shows the distribution of detached houses by size in Leedstown, and where HOMESTEAD lies on this distribution: 52% of detached houses are smaller than HOMESTEAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Leedstown.
HOMESTEAD sits on a plot of roughly 1,067.7 acres, or 4,321,025m². The below map shows the location of HOMESTEAD, 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 HOMESTEAD). 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.
HOMESTEAD is located on CHAPEL ROAD in LEEDSTOWN, in the TR27 postcode district. The below map shows the position of HOMESTEAD on CHAPEL ROAD.