SUNWAYS, SOUTH PETHERWIN, LAUNCESTON, PL15 7JZ - £249,000

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.

SUNWAYS is a large extended detached house of 105m², built sometime between 1900 and 1929, which could now be worth an estimated £385,631. It was last sold for £249,000 in November 2013, which was around 12% below the average November 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

SUNWAYS Sold Prices

Land registry data shows three sales for SUNWAYS 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. All of the three SUNWAYS 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
2013 29 NOV	£249,000	£282,318	12% below HPI
2004 30 JUL	£210,000	£252,031	17% below HPI
2001 13 JUN	£125,000	£130,118	4% below HPI

SUNWAYS 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 SUNWAYS sales between June 2001 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 July 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might SUNWAYS be worth now?

SUNWAYS might now be worth an estimated £385,631.

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 SUNWAYS of £249,000 on 29th November 2013. For the value to have increased from £249,000 to £385,631 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of SUNWAYS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2013 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of SUNWAYS has not materially changed since November 2013.

How Large is SUNWAYS?

SUNWAYS is 105m², which includes two extensions, according to the EPC inspection conducted in August 2013. This puts it in the largest 40% of detached houses houses in South Petherwin, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Petherwin, and where SUNWAYS lies on this distribution: 67% of detached houses houses are smaller than SUNWAYS, and 33% of houses are larger. Note that EPC data is not available for all properties in South Petherwin.

SUNWAYS: Plot and Title Map

SUNWAYS sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of SUNWAYS, 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 SUNWAYS). 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 SUNWAYS?

SUNWAYS is located in SOUTH PETHERWIN, in the PL15 postcode district. The below map shows the position of SUNWAYS in SOUTH PETHERWIN.