VALLEY MIST, NORTH HILL, LAUNCESTON, PL15 7PQ - £295,000

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.

VALLEY MIST is a midsized detached house of 108m², built sometime between 1967 and 1975, which could now be worth an estimated £411,842. It was last sold for £295,000 in June 2017, which was around 7% below the average June 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was C.

VALLEY MIST Sold Prices

Land registry data shows two sales for VALLEY MIST 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. One of the two VALLEY MIST sales was for below the average price, whilst the other 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
2017 23 JUN	£295,000	£315,997	7% below HPI
2001 19 DEC	£152,000	£144,592	5% above HPI

VALLEY MIST 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 VALLEY MIST sales from December 2001 and June 2017 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 December 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2017 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might VALLEY MIST be worth now?

VALLEY MIST might now be worth an estimated £411,842.

This is based on house price inflation of 39.6%, between June 2017 and March 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 39.6% inflationary increase is applied to the most recent sale price for VALLEY MIST of £295,000 on 23rd June 2017. For the value to have increased from £295,000 to £411,842 over the eight years and three months to March 2025, the following assumptions must hold true:

• The value of VALLEY MIST has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2017 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of VALLEY MIST has not materially changed since June 2017.

How Large is VALLEY MIST?

VALLEY MIST is 108m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 50% of detached houses houses in North Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Hill, and where VALLEY MIST lies on this distribution: 45% of detached houses houses are smaller than VALLEY MIST, and 55% of houses are larger. Note that EPC data is not available for all properties in North Hill.

VALLEY MIST: Plot and Title Map

VALLEY MIST sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of VALLEY MIST, 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 VALLEY MIST). 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 VALLEY MIST?

VALLEY MIST is located in NORTH HILL, in the PL15 postcode district. The below map shows the position of VALLEY MIST in NORTH HILL.