8, RAINYFIELDS, PADSTOW, PL28 8EZ - £475,000

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.

8 RAINYFIELDS is a midsized extended detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £611,927. It was last sold for £475,000 in December 2017, which was around 45% above the average December 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

8 RAINYFIELDS Sold Prices

Land registry data shows four sales for 8 RAINYFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 8 RAINYFIELDS 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 14 DEC	£475,000	£328,578	45% above HPI
2013 27 NOV	£445,000	£282,318	58% above HPI
2001 17 JUL	£137,000	£130,773	5% above HPI
1996 15 JUL	£82,000	£72,533	13% above HPI

8 RAINYFIELDS 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 four 8 RAINYFIELDS sales between July 1996 and December 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 November 2013 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the December 2017 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 8 RAINYFIELDS be worth now?

8 RAINYFIELDS might now be worth an estimated £611,927.

This is based on house price inflation of 28.8%, between December 2017 and April 2026, for detached 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 28.8% inflationary increase is applied to the most recent sale price for 8 RAINYFIELDS of £475,000 on 14th December 2017. For the value to have increased from £475,000 to £611,927 over the nine years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 RAINYFIELDS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2017 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RAINYFIELDS has not materially changed since December 2017.

How Large is 8 RAINYFIELDS?

8 RAINYFIELDS is 99m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 50% of detached houses houses in Padstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Padstow, and where 8 RAINYFIELDS lies on this distribution: 42% of detached houses houses are smaller than 8 RAINYFIELDS, and 56% of houses are larger. Note that EPC data is not available for all properties in Padstow.

8 RAINYFIELDS: Plot and Title Map

8 RAINYFIELDS sits on a plot of roughly 0.206 of an acre, or 835m². The below map shows the location of 8 RAINYFIELDS, 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 8 RAINYFIELDS). 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 8 RAINYFIELDS?

8 RAINYFIELDS is located in PADSTOW, in the PL28 postcode district. The below map shows the position of No. 8 on RAINYFIELDS.