RUBYLEA, HELLESCOTT ROAD, NORTH PETHERWIN, LAUNCESTON, PL15 8LN - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RUBYLEA is a large detached house of 111m², built sometime between 2003 and 2006, which could now be worth an estimated £387,180. It was last sold for £250,000 in November 2013, which was around 11% below the average November 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

RUBYLEA Sold Prices

Land registry data shows three sales for RUBYLEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three RUBYLEA sales were for below the average price, whilst one 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
2013 7 NOV	£250,000	£282,318	11% below HPI
2010 15 APR	£250,000	£283,160	12% below HPI
2005 25 AUG	£275,000	£263,688	4% above HPI

RUBYLEA 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 three RUBYLEA sales between August 2005 and November 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 April 2010 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might RUBYLEA be worth now?

RUBYLEA might now be worth an estimated £387,180.

This is based on house price inflation of 54.9%, between November 2013 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.9% inflationary increase is applied to the most recent sale price for RUBYLEA of £250,000 on 7th November 2013. For the value to have increased from £250,000 to £387,180 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of RUBYLEA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of RUBYLEA has not materially changed since November 2013.

How Large is RUBYLEA?

RUBYLEA is 111m² according to the EPC inspection conducted in July 2009. This puts it in the largest 40% of detached houses houses in North Petherwin, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Petherwin, and where RUBYLEA lies on this distribution: 67% of detached houses houses are smaller than RUBYLEA, and 33% of houses are larger. Note that EPC data is not available for all properties in North Petherwin.

RUBYLEA: Plot and Title Map

RUBYLEA sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of RUBYLEA, 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 RUBYLEA). 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 RUBYLEA?

RUBYLEA is located on HELLESCOTT ROAD in NORTH PETHERWIN, in the PL15 postcode district. The below map shows the position of RUBYLEA on HELLESCOTT ROAD.