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

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.

WILLOW VILLA is a very small detached house of 63m², built sometime before 1900, which could now be worth an estimated £192,999. 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	£388,585	56% below HPI
2017 4 AUG	£131,000	£321,698	59% below HPI
2014 5 DEC	£125,000	£293,788	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.

What might WILLOW VILLA be worth now?

WILLOW VILLA might now be worth an estimated £192,999.

This is based on house price inflation of 13.5%, between August 2021 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 13.5% inflationary increase is applied to the most recent sale price for WILLOW VILLA of £170,000 on 31st August 2021. For the value to have increased from £170,000 to £192,999 over the four years and five months to March 2025, the following assumptions must hold true:

• The value of WILLOW VILLA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of WILLOW VILLA has not materially changed since August 2021.

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 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 WILLOW VILLA lies on this distribution: 5% of detached houses houses are smaller than WILLOW VILLA, and 95% 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 0.023 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.