21, COMPASS WEST, TREGADILLETT, LAUNCESTON, PL15 7EA - £245,000

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.

21 COMPASS WEST is a midsized detached house of 67m², built sometime between 1976 and 1982, which could now be worth an estimated £275,233. It was last sold for £245,000 in May 2021, which was around 36% below the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

21 COMPASS WEST Sold Prices

Land registry data shows five sales for 21 COMPASS WEST since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five 21 COMPASS WEST 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 28 MAY	£245,000	£381,527	36% below HPI
2019 20 DEC	£187,500	£346,891	46% below HPI
2002 28 OCT	£120,000	£183,410	35% below HPI
2002 24 JAN	£60,000	£146,757	59% below HPI
1999 26 NOV	£63,000	£103,500	39% below HPI

21 COMPASS WEST 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 five 21 COMPASS WEST sales between November 1999 and May 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 December 2019 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 21 COMPASS WEST be worth now?

21 COMPASS WEST might now be worth an estimated £275,233.

This is based on house price inflation of 12.3%, between May 2021 and May 2026, 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 12.3% inflationary increase is applied to the most recent sale price for 21 COMPASS WEST of £245,000 on 28th May 2021. For the value to have increased from £245,000 to £275,233 over the five years to May 2026, the following assumptions must hold true:

• The value of 21 COMPASS WEST has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 21 COMPASS WEST has not materially changed since May 2021.

How Large is 21 COMPASS WEST?

21 COMPASS WEST is 67m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 50% of detached houses houses in Tregadillett, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tregadillett, and where 21 COMPASS WEST lies on this distribution: 41% of detached houses houses are smaller than 21 COMPASS WEST, and 56% of houses are larger. Note that EPC data is not available for all properties in Tregadillett.

21 COMPASS WEST: Plot and Title Map

21 COMPASS WEST sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 21 COMPASS WEST, 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 21 COMPASS WEST). 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 21 COMPASS WEST?

21 COMPASS WEST is located in TREGADILLETT, in the PL15 postcode district. The below map shows the position of No. 21 on COMPASS WEST.