MONKS GATE, PILLATON, SALTASH, PL12 6QS - £390,000

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

MONKS GATE is a small extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £390,000 in March 2024, which was around 10% below the average March 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

MONKS GATE Sold Prices

Land registry data shows two sales for MONKS GATE 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. One of the two MONKS GATE sales was for below the average price, whilst the other was 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
2024 12 MAR	£390,000	£431,051	10% below HPI
2016 25 JUL	£304,500	£297,479	2% above HPI

MONKS GATE 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 MONKS GATE sales from July 2016 and March 2024 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 July 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is MONKS GATE?

MONKS GATE is 129m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Pillaton, based on EPC data. The below chart shows the distribution of detached houses by size in Pillaton, and where MONKS GATE lies on this distribution: 36% of detached houses are smaller than MONKS GATE, and 64% of houses are larger. Note that EPC data is not available for all properties in Pillaton.

MONKS GATE: Plot and Title Map

MONKS GATE sits on a plot of roughly 0.170 of an acre, or 688m². The below map shows the location of MONKS GATE, 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 MONKS GATE). 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 MONKS GATE?

MONKS GATE is located in PILLATON, in the PL12 postcode district. The below map shows the position of MONKS GATE in PILLATON.