3, BABIS FARM WAY, SALTASH, PL12 4TA - £345,000

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.

3 BABIS FARM WAY is a very large extended detached house of 245m², built sometime between 1983 and 1990, which could now be worth an estimated £450,326. It was last sold for £345,000 in June 2019, which was around 3% above the average June 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

3 BABIS FARM WAY Sold Prices

Land registry data shows three sales for 3 BABIS FARM WAY 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 3 BABIS FARM WAY sales were for above 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
2019 17 JUN	£345,000	£334,968	3% above HPI
2013 10 JUN	£280,000	£276,967	1% above HPI
1998 7 AUG	£114,500	£91,669	25% above HPI

3 BABIS FARM WAY 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 3 BABIS FARM WAY sales between August 1998 and June 2019 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 June 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2019 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 3 BABIS FARM WAY be worth now?

3 BABIS FARM WAY might now be worth an estimated £450,326.

This is based on house price inflation of 30.5%, between June 2019 and February 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 30.5% inflationary increase is applied to the most recent sale price for 3 BABIS FARM WAY of £345,000 on 17th June 2019. For the value to have increased from £345,000 to £450,326 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 3 BABIS FARM WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2019 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BABIS FARM WAY has not materially changed since June 2019.

How Large is 3 BABIS FARM WAY?

3 BABIS FARM WAY is 245m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 10% of detached houses houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saltash, and where 3 BABIS FARM WAY lies on this distribution: 98% of detached houses houses are smaller than 3 BABIS FARM WAY, and 2% of houses are larger. Note that EPC data is not available for all properties in Saltash.

3 BABIS FARM WAY: Plot and Title Map

3 BABIS FARM WAY sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 3 BABIS FARM WAY, 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 3 BABIS FARM WAY). 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 3 BABIS FARM WAY?

3 BABIS FARM WAY is located in SALTASH, in the PL12 postcode district. The below map shows the position of No. 3 on BABIS FARM WAY.