WILLOW VILLA, SOUTH PETHERWIN, LAUNCESTON, PL15 7JA - £170,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

WILLOW VILLA is a very small detached house of 63m², built sometime before 1900. It was last sold for £170,000 in August 2021, which was around 56% below the average August 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2009, where the current energy rating was G, and the potential energy rating was G.

WILLOW VILLA Sold Prices

Land registry data shows three sales for WILLOW VILLA 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 WILLOW VILLA 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 31 AUG	£170,000	£382,558	56% below HPI
2017 4 AUG	£131,000	£316,709	59% below HPI
2014 5 DEC	£125,000	£289,231	57% below HPI

WILLOW VILLA 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 WILLOW VILLA sales between December 2014 and August 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 August 2017 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the August 2021 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is WILLOW VILLA?

WILLOW VILLA is 63m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 10% of detached houses in South Petherwin, based on EPC data. The below chart shows the distribution of detached houses by size in South Petherwin, and where WILLOW VILLA lies on this distribution: 6% of detached houses are smaller than WILLOW VILLA, and 94% of houses are larger. Note that EPC data is not available for all properties in South Petherwin.

WILLOW VILLA: Plot and Title Map

WILLOW VILLA sits on a plot of roughly 0.024 of an acre, or 95m². The below map shows the location of WILLOW VILLA, 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 WILLOW VILLA). 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 WILLOW VILLA?

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