THE GATEHOUSE, CASTLE VIEW, ST STEPHENS, SALTASH, PL12 4RD - £240,000

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

THE GATEHOUSE is a very small detached house of 57m², built in 2021. It was last sold for £240,000 in October 2022, which was around 47% below the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was B, and the potential energy rating was A.

THE GATEHOUSE Sold Prices

Land registry data shows two sales for THE GATEHOUSE 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 THE GATEHOUSE 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 27 OCT	£240,000	£456,640	47% below HPI
2017 4 OCT	£20,000	£324,548	94% below HPI

THE GATEHOUSE 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 THE GATEHOUSE sales from October 2017 and October 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 October 2017 sale was for 94% below the HPI. So the extrapolation line tracks at 94% below the HPI over time, until the October 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is THE GATEHOUSE?

THE GATEHOUSE is 57m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of detached houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses by size in Saltash, and where THE GATEHOUSE lies on this distribution: 1% of detached houses are smaller than THE GATEHOUSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Saltash.

THE GATEHOUSE: Plot and Title Map

THE GATEHOUSE sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of THE GATEHOUSE, 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 GATEHOUSE). 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 GATEHOUSE?

THE GATEHOUSE is located on CASTLE VIEW in ST STEPHENS, in the PL12 postcode district. The below map shows the position of THE GATEHOUSE on CASTLE VIEW.