2, BUTTERDOWN, LATCHBROOK, SALTASH, PL12 4TZ - £250,000

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.

2 BUTTERDOWN is a very small terraced house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £299,573. It was last sold for £250,000 in July 2020, which was around 33% above the average July 2020 terraced price in the Cornwall local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

2 BUTTERDOWN Sold Prices

Land registry data shows five sales for 2 BUTTERDOWN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. The five 2 BUTTERDOWN sales were a mix of above the average price, and roughly equal to 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
2020 29 JUL	£250,000	£187,402	33% above HPI
2015 15 MAY	£172,500	£162,138	6% above HPI
2007 5 NOV	£171,000	£171,067	Close to HPI
2000 19 MAY	£74,000	£54,660	35% above HPI
1999 19 MAR	£62,500	£46,886	33% above HPI

2 BUTTERDOWN Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The five 2 BUTTERDOWN sales between March 1999 and July 2020 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 May 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2020 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 2 BUTTERDOWN be worth now?

2 BUTTERDOWN might now be worth an estimated £299,573.

This is based on house price inflation of 19.8%, between July 2020 and June 2025, for terraced 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 19.8% inflationary increase is applied to the most recent sale price for 2 BUTTERDOWN of £250,000 on 29th July 2020. For the value to have increased from £250,000 to £299,573 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 2 BUTTERDOWN has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The July 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BUTTERDOWN has not materially changed since July 2020.

How Large is 2 BUTTERDOWN?

2 BUTTERDOWN is 71m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of terraced houses houses in Saltash, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Saltash, and where 2 BUTTERDOWN lies on this distribution: 8% of terraced houses houses are smaller than 2 BUTTERDOWN, and 91% of houses are larger. Note that EPC data is not available for all properties in Saltash.

2 BUTTERDOWN: Plot and Title Map

2 BUTTERDOWN sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 2 BUTTERDOWN, 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 2 BUTTERDOWN). 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 2 BUTTERDOWN?

2 BUTTERDOWN is located in LATCHBROOK, in the PL12 postcode district. The below map shows the position of No. 2 on BUTTERDOWN.