THE DOWNINGS, EGLOSKERRY, LAUNCESTON, PL15 8RU - £215,000

THE DOWNINGS is a small detached house of 88m², built sometime before 1900. It was last sold for £215,000 in February 2021, which was around 43% below the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was E.

THE DOWNINGS Sold Prices

Land registry data shows four sales for THE DOWNINGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four THE DOWNINGS 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
2021 2 FEB	£215,000	£378,711	43% below HPI
2015 19 JUN	£150,000	£296,815	49% below HPI
1997 27 AUG	£78,000	£83,288	6% below HPI
1996 30 AUG	£59,900	£72,969	18% below HPI

THE DOWNINGS 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 four THE DOWNINGS sales between August 1996 and February 2021 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 June 2015 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the February 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is THE DOWNINGS?

THE DOWNINGS is 88m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 30% of detached houses in Egloskerry, based on EPC data. The below chart shows the distribution of detached houses by size in Egloskerry, and where THE DOWNINGS lies on this distribution: 29% of detached houses are smaller than THE DOWNINGS, and 71% of houses are larger. Note that EPC data is not available for all properties in Egloskerry.

THE DOWNINGS: Plot and Title Map

THE DOWNINGS sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of THE DOWNINGS, 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 THE DOWNINGS). 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 THE DOWNINGS?

THE DOWNINGS is located in EGLOSKERRY, in the PL15 postcode district. The below map shows the position of THE DOWNINGS in EGLOSKERRY.