3, PRAED PLACE, LELANT, ST IVES, TR26 3DX - £650,000

3 PRAED PLACE is a very large detached house of 227m², built sometime between 2003 and 2006. It was last sold for £650,000 in March 2009, which was around 156% above the average March 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

3 PRAED PLACE Sold Prices

Land registry data shows two sales for 3 PRAED PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 3 PRAED PLACE 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
2009 3 MAR	£650,000	£253,811	156% above HPI
2003 18 JUN	£555,000	£210,608	164% above HPI

3 PRAED PLACE 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 two 3 PRAED PLACE sales from June 2003 and March 2009 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 2003 sale was for 164% above the HPI. So the extrapolation line tracks at 164% above the HPI over time, until the March 2009 sale, where it falls to 156% above the HPI. The line then continues to track at 156% above the HPI.

How Large is 3 PRAED PLACE?

3 PRAED PLACE is 227m² according to the EPC inspection conducted in October 2008. This puts it in the largest 10% of detached houses in Lelant, based on EPC data. The below chart shows the distribution of detached houses by size in Lelant, and where 3 PRAED PLACE lies on this distribution: 96% of detached houses are smaller than 3 PRAED PLACE, and 4% of houses are larger. Note that EPC data is not available for all properties in Lelant.

3 PRAED PLACE: Plot and Title Map

3 PRAED PLACE sits on a plot of roughly 0.713 of an acre, or 2,885m². The below map shows the location of 3 PRAED PLACE, 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 PRAED PLACE). 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 PRAED PLACE?

3 PRAED PLACE is located in LELANT, in the TR26 postcode district. The below map shows the position of No. 3 on PRAED PLACE.