17, LETHLEAN LANE, PHILLACK, HAYLE, TR27 5AW - £270,000

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.

17 LETHLEAN LANE is a small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £417,826. It was last sold for £270,000 in June 2013, which was around 3% below the average June 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was D.

17 LETHLEAN LANE Sold Prices

Land registry data shows three sales for 17 LETHLEAN LANE 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. Two of the three 17 LETHLEAN LANE sales were for below the average price, whilst one was 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
2013 28 JUN	£270,000	£276,967	3% below HPI
2002 23 JAN	£162,000	£146,757	10% above HPI
1997 15 DEC	£66,500	£87,333	24% below HPI

17 LETHLEAN LANE 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 17 LETHLEAN LANE sales between December 1997 and June 2013 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 January 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2013 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 17 LETHLEAN LANE be worth now?

17 LETHLEAN LANE might now be worth an estimated £417,826.

This is based on house price inflation of 54.8%, between June 2013 and May 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 54.8% inflationary increase is applied to the most recent sale price for 17 LETHLEAN LANE of £270,000 on 28th June 2013. For the value to have increased from £270,000 to £417,826 over the thirteen years and one month to May 2026, the following assumptions must hold true:

• The value of 17 LETHLEAN LANE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2013 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LETHLEAN LANE has not materially changed since June 2013.

How Large is 17 LETHLEAN LANE?

17 LETHLEAN LANE is 77m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% of detached houses houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hayle, and where 17 LETHLEAN LANE lies on this distribution: 23% of detached houses houses are smaller than 17 LETHLEAN LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Hayle.

17 LETHLEAN LANE: Plot and Title Map

17 LETHLEAN LANE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 17 LETHLEAN LANE, 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 17 LETHLEAN LANE). 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 17 LETHLEAN LANE?

17 LETHLEAN LANE is located in PHILLACK, in the TR27 postcode district. The below map shows the position of No. 17 on LETHLEAN LANE.