3, THE SPEARES, LATCHBROOK, SALTASH, PL12 4UQ - £180,000

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 THE SPEARES is a very small terraced house of 60m², built sometime between 1991 and 1995, which could now be worth an estimated £171,450. It was last sold for £180,000 in March 2025, which was around 24% below the average March 2025 terraced price in the Cornwall local authority area. The most recent EPC inspection was December 2024, where the current energy rating was C, and the potential energy rating was B.

3 THE SPEARES Sold Prices

Land registry data shows six sales for 3 THE SPEARES since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Most of the six 3 THE SPEARES 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
2025 28 MAR	£180,000	£235,760	24% below HPI
2019 27 JUN	£150,000	£178,341	16% below HPI
2002 8 APR	£76,000	£75,176	1% above HPI
2001 10 OCT	£69,950	£68,499	2% above HPI
2000 15 MAR	£55,950	£52,361	7% above HPI
1996 29 MAR	£47,500	£36,076	32% above HPI

3 THE SPEARES 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 six 3 THE SPEARES sales between March 1996 and March 2025 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 2019 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2025 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 THE SPEARES be worth now?

3 THE SPEARES might now be worth an estimated £171,450.

This is based on house price deflation of 4.7%, between March 2025 and June 2025, 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 4.7% deflationary decrease is applied to the most recent sale price for 3 THE SPEARES of £180,000 on 28th March 2025. For the value to have decreased from £180,000 to £171,450 over the nine months to June 2025, the following assumptions must hold true:

• The value of 3 THE SPEARES has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The March 2025 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE SPEARES has not materially changed since March 2025.

How Large is 3 THE SPEARES?

3 THE SPEARES is 60m² according to the EPC inspection conducted in December 2024. This puts it in the smallest 10% of terraced houses houses in Saltash, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Saltash, and where 3 THE SPEARES lies on this distribution: 2% of terraced houses houses are smaller than 3 THE SPEARES, and 98% of houses are larger. Note that EPC data is not available for all properties in Saltash.

3 THE SPEARES: Plot and Title Map

3 THE SPEARES sits on a plot of roughly 0.021 of an acre, or 85m². The below map shows the location of 3 THE SPEARES, 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 THE SPEARES). 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 THE SPEARES?

3 THE SPEARES is located in LATCHBROOK, in the PL12 postcode district. The below map shows the position of No. 3 on THE SPEARES.