41, GROVE PARK, TORPOINT, PL11 2PP - £128,500

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.

41 GROVE PARK is a small terraced house of 76m², built sometime between 1976 and 1982, which could now be worth an estimated £159,970. It was last sold for £128,500 in December 2018, which was around 29% below the average December 2018 terraced price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.

41 GROVE PARK Sold Prices

Land registry data shows four sales for 41 GROVE PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Most of the four 41 GROVE PARK 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
2018 5 DEC	£128,500	£180,385	29% below HPI
2017 24 FEB	£133,000	£166,543	20% below HPI
2001 5 NOV	£27,000	£69,305	61% below HPI
1995 15 NOV	£39,500	£36,615	8% above HPI

41 GROVE PARK 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 four 41 GROVE PARK sales between November 1995 and December 2018 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 February 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 41 GROVE PARK be worth now?

41 GROVE PARK might now be worth an estimated £159,970.

This is based on house price inflation of 24.5%, between December 2018 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 24.5% inflationary increase is applied to the most recent sale price for 41 GROVE PARK of £128,500 on 5th December 2018. For the value to have increased from £128,500 to £159,970 over the seven years and six months to June 2025, the following assumptions must hold true:

• The value of 41 GROVE PARK has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The December 2018 sale price of £128,500 represented a fair market value for the property.
• The size, condition, and specification of 41 GROVE PARK has not materially changed since December 2018.

How Large is 41 GROVE PARK?

41 GROVE PARK is 76m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of terraced houses houses in Torpoint, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Torpoint, and where 41 GROVE PARK lies on this distribution: 30% of terraced houses houses are smaller than 41 GROVE PARK, and 69% of houses are larger. Note that EPC data is not available for all properties in Torpoint.

41 GROVE PARK: Plot and Title Map

41 GROVE PARK sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 41 GROVE PARK, 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 41 GROVE PARK). 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 41 GROVE PARK?

41 GROVE PARK is located in TORPOINT, in the PL11 postcode district. The below map shows the position of No. 41 on GROVE PARK.