3, LOWERTOWN CLOSE, LANDRAKE, SALTASH, PL12 5DG - £70,000

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.

3 LOWERTOWN CLOSE is a very small extended semi-detached house of 82m², built sometime between 1976 and 1982, which could now be worth an estimated £111,519. It was last sold for £70,000 in September 2005, which was around 60% below the average September 2005 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

3 LOWERTOWN CLOSE Sold Prices

Land registry data shows two sales for 3 LOWERTOWN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 3 LOWERTOWN CLOSE 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
2005 13 SEP	£70,000	£174,996	60% below HPI
1997 13 JAN	£45,000	£48,788	8% below HPI

3 LOWERTOWN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 3 LOWERTOWN CLOSE sales from January 1997 and September 2005 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 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2005 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

What might 3 LOWERTOWN CLOSE be worth now?

3 LOWERTOWN CLOSE might now be worth an estimated £111,519.

This is based on house price inflation of 59.3%, between September 2005 and April 2026, for semi-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 59.3% inflationary increase is applied to the most recent sale price for 3 LOWERTOWN CLOSE of £70,000 on 13th September 2005. For the value to have increased from £70,000 to £111,519 over the 21 years and five months to April 2026, the following assumptions must hold true:

• The value of 3 LOWERTOWN CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The September 2005 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LOWERTOWN CLOSE has not materially changed since September 2005.

How Large is 3 LOWERTOWN CLOSE?

3 LOWERTOWN CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of semi-detached houses houses in Landrake, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Landrake, and where 3 LOWERTOWN CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 3 LOWERTOWN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Landrake.

3 LOWERTOWN CLOSE: Plot and Title Map

3 LOWERTOWN CLOSE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 3 LOWERTOWN CLOSE, 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 3 LOWERTOWN CLOSE). 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 3 LOWERTOWN CLOSE?

3 LOWERTOWN CLOSE is located in LANDRAKE, in the PL12 postcode district. The below map shows the position of No. 3 on LOWERTOWN CLOSE.