5, WELWAY, PERRANPORTH, TR6 0HF - £356,000

5 WELWAY is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £356,000 in May 2017, which was around 15% above the average May 2017 detached 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 C.

5 WELWAY Sold Prices

Land registry data shows two sales for 5 WELWAY 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 5 WELWAY 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
2017 12 MAY	£356,000	£309,830	15% above HPI
2006 2 FEB	£290,000	£255,859	13% above HPI

5 WELWAY 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 5 WELWAY sales from February 2006 and May 2017 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 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2017 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 5 WELWAY?

5 WELWAY is 83m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Perranporth, based on EPC data. The below chart shows the distribution of detached houses by size in Perranporth, and where 5 WELWAY lies on this distribution: 11% of detached houses are smaller than 5 WELWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Perranporth.

5 WELWAY: Plot and Title Map

5 WELWAY sits on a plot of roughly 0.152 of an acre, or 613m². The below map shows the location of 5 WELWAY, 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 5 WELWAY). 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 5 WELWAY?

5 WELWAY is located in PERRANPORTH, in the TR6 postcode district. The below map shows the position of No. 5 on WELWAY.