38, LANNER HILL, LANNER, REDRUTH, TR16 6DE - £285,000

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.

38 LANNER HILL is a large extended terraced house of 108m², built sometime before 1900, which could now be worth an estimated £272,298. It was last sold for £285,000 in March 2023, which was around 19% above the average March 2023 terraced price in the Cornwall local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

38 LANNER HILL Sold Prices

Land registry data shows two sales for 38 LANNER HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 38 LANNER HILL 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
2023 23 MAR	£285,000	£239,749	19% above HPI
2007 31 JUL	£175,000	£166,910	5% above HPI

38 LANNER HILL Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The two 38 LANNER HILL sales from July 2007 and March 2023 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 July 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 38 LANNER HILL be worth now?

38 LANNER HILL might now be worth an estimated £272,298.

This is based on house price deflation of 4.5%, between March 2023 and April 2026, for terraced 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 4.5% deflationary decrease is applied to the most recent sale price for 38 LANNER HILL of £285,000 on 23rd March 2023. For the value to have decreased from £285,000 to £272,298 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of 38 LANNER HILL has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The March 2023 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LANNER HILL has not materially changed since March 2023.

How Large is 38 LANNER HILL?

38 LANNER HILL is 108m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of terraced houses houses in Lanner, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lanner, and where 38 LANNER HILL lies on this distribution: 67% of terraced houses houses are smaller than 38 LANNER HILL, and 33% of houses are larger. Note that EPC data is not available for all properties in Lanner.

38 LANNER HILL: Plot and Title Map

38 LANNER HILL sits on a plot of roughly 1.2 acres, or 5,034m². The below map shows the location of 38 LANNER HILL, 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 38 LANNER HILL). 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 38 LANNER HILL?

38 LANNER HILL is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 38 on LANNER HILL.