PALM TREES, COOMBE ROAD, LANJETH, ST AUSTELL, PL26 7TL - £400,000

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

PALM TREES is a midsized detached house of 141m², built sometime between 1996 and 2002. It was last sold for £400,000 in December 2022, which was around 12% below the average December 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was D.

PALM TREES Sold Prices

Land registry data shows two sales for PALM TREES 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 PALM TREES 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
2022 9 DEC	£400,000	£456,326	12% below HPI
2020 21 FEB	£325,500	£339,150	4% below HPI

PALM TREES 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 PALM TREES sales from February 2020 and December 2022 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 2020 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is PALM TREES?

PALM TREES is 141m² according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Hornick, based on EPC data. The below chart shows the distribution of detached houses by size in Hornick, and where PALM TREES lies on this distribution: 54% of detached houses are smaller than PALM TREES, and 46% of houses are larger. Note that EPC data is not available for all properties in Hornick.

PALM TREES: Plot and Title Map

PALM TREES sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of PALM TREES, 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 PALM TREES). 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 PALM TREES?

PALM TREES is located on COOMBE ROAD in LANJETH, in the PL26 postcode district. The below map shows the position of PALM TREES on COOMBE ROAD.