PETHERWYNGATE BUNGALOW, PETHERWIN GATE, LAUNCESTON, PL15 8LW - £200,000

PETHERWYNGATE BUNGALOW is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £200,000 in April 2019, which was around 40% below the average April 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

PETHERWYNGATE BUNGALOW Sold Prices

Land registry data shows three sales for PETHERWYNGATE BUNGALOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three PETHERWYNGATE BUNGALOW 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
2019 12 APR	£200,000	£331,321	40% below HPI
2013 7 NOV	£135,000	£277,939	51% below HPI
1995 15 NOV	£48,500	£71,243	32% below HPI

PETHERWYNGATE BUNGALOW 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 three PETHERWYNGATE BUNGALOW sales between November 1995 and April 2019 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 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the April 2019 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is PETHERWYNGATE BUNGALOW?

PETHERWYNGATE BUNGALOW is 69m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in North Petherwin, based on EPC data. The below chart shows the distribution of detached houses by size in North Petherwin, and where PETHERWYNGATE BUNGALOW lies on this distribution: 18% of detached houses are smaller than PETHERWYNGATE BUNGALOW, and 80% of houses are larger. Note that EPC data is not available for all properties in North Petherwin.

PETHERWYNGATE BUNGALOW: Plot and Title Map

PETHERWYNGATE BUNGALOW sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of PETHERWYNGATE BUNGALOW, 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 PETHERWYNGATE BUNGALOW). 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 PETHERWYNGATE BUNGALOW?

PETHERWYNGATE BUNGALOW is located in PETHERWIN GATE, in the PL15 postcode district. The below map shows the position of PETHERWYNGATE BUNGALOW in PETHERWIN GATE.