3, SPEEDWELL CLOSE, MILLBROOK, TORPOINT, PL10 1DS - £330,000

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 SPEEDWELL CLOSE is a midsized terraced house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £345,039. It was last sold for £330,000 in December 2021, which was around 51% above the average December 2021 terraced price in the Cornwall local authority area. The most recent EPC inspection was September 2021, where the current energy rating was E, and the potential energy rating was C.

3 SPEEDWELL CLOSE Sold Prices

Land registry data shows two sales for 3 SPEEDWELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 3 SPEEDWELL CLOSE 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
2021 6 DEC	£330,000	£219,080	51% above HPI
2010 14 DEC	£263,000	£155,683	69% above HPI

3 SPEEDWELL CLOSE 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 two 3 SPEEDWELL CLOSE sales from December 2010 and December 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 2010 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the December 2021 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 3 SPEEDWELL CLOSE be worth now?

3 SPEEDWELL CLOSE might now be worth an estimated £345,039.

This is based on house price inflation of 4.6%, between December 2021 and April 2026, 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 4.6% inflationary increase is applied to the most recent sale price for 3 SPEEDWELL CLOSE of £330,000 on 6th December 2021. For the value to have increased from £330,000 to £345,039 over the five years and eight months to April 2026, the following assumptions must hold true:

• The value of 3 SPEEDWELL CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The December 2021 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPEEDWELL CLOSE has not materially changed since December 2021.

How Large is 3 SPEEDWELL CLOSE?

3 SPEEDWELL CLOSE is 111m² according to the EPC inspection conducted in September 2021. This puts it in the largest 50% of terraced houses houses in Millbrook, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Millbrook, and where 3 SPEEDWELL CLOSE lies on this distribution: 52% of terraced houses houses are smaller than 3 SPEEDWELL CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Millbrook.

3 SPEEDWELL CLOSE: Plot and Title Map

3 SPEEDWELL CLOSE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 3 SPEEDWELL CLOSE, 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 SPEEDWELL CLOSE). 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 SPEEDWELL CLOSE?

3 SPEEDWELL CLOSE is located in MILLBROOK, in the PL10 postcode district. The below map shows the position of No. 3 on SPEEDWELL CLOSE.