24, MAYNA PARC, PETHERWIN GATE, LAUNCESTON, PL15 8PZ - £245,000

24 MAYNA PARC is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £245,000 in February 2021, which was around 35% below the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

24 MAYNA PARC Sold Prices

Land registry data shows four sales for 24 MAYNA PARC since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 24 MAYNA PARC 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 17 FEB	£245,000	£378,711	35% below HPI
2019 13 DEC	£235,000	£341,511	31% below HPI
2018 15 JUN	£215,000	£326,989	34% below HPI
2005 30 NOV	£160,000	£261,758	39% below HPI

24 MAYNA PARC 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 four 24 MAYNA PARC sales between November 2005 and February 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 24 MAYNA PARC?

24 MAYNA PARC is 60m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of detached houses in North Petherwin, based on EPC data. The below chart shows the distribution of detached houses by size in North Petherwin, and where 24 MAYNA PARC lies on this distribution: 4% of detached houses are smaller than 24 MAYNA PARC, and 94% of houses are larger. Note that EPC data is not available for all properties in North Petherwin.

24 MAYNA PARC: Plot and Title Map

24 MAYNA PARC sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 24 MAYNA PARC, 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 24 MAYNA PARC). 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 24 MAYNA PARC?

24 MAYNA PARC is located in PETHERWIN GATE, in the PL15 postcode district. The below map shows the position of No. 24 on MAYNA PARC.