5, LAMORNA PARC, CALLINGTON, PL17 7QP - £177,000

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.

5 LAMORNA PARC is a small terraced house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £188,627. It was last sold for £177,000 in August 2021, which was around 16% below the average August 2021 terraced price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was B.

5 LAMORNA PARC Sold Prices

Land registry data shows four sales for 5 LAMORNA PARC since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. The four 5 LAMORNA PARC sales were a mix of below the average price, and roughly equal to 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
2021 31 AUG	£177,000	£210,720	16% below HPI
2018 1 AUG	£137,500	£179,503	23% below HPI
2010 24 JUN	£117,500	£156,246	25% below HPI
2000 31 AUG	£57,950	£57,958	Close to HPI

5 LAMORNA PARC 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 four 5 LAMORNA PARC sales between August 2000 and August 2021 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 August 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 LAMORNA PARC be worth now?

5 LAMORNA PARC might now be worth an estimated £188,627.

This is based on house price inflation of 6.6%, between August 2021 and June 2025, 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 6.6% inflationary increase is applied to the most recent sale price for 5 LAMORNA PARC of £177,000 on 31st August 2021. For the value to have increased from £177,000 to £188,627 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 5 LAMORNA PARC has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The August 2021 sale price of £177,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAMORNA PARC has not materially changed since August 2021.

How Large is 5 LAMORNA PARC?

5 LAMORNA PARC is 93m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of terraced houses houses in Callington, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Callington, and where 5 LAMORNA PARC lies on this distribution: 39% of terraced houses houses are smaller than 5 LAMORNA PARC, and 60% of houses are larger. Note that EPC data is not available for all properties in Callington.

5 LAMORNA PARC: Plot and Title Map

5 LAMORNA PARC sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 5 LAMORNA PARC, 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 5 LAMORNA PARC). 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 5 LAMORNA PARC?

5 LAMORNA PARC is located in CALLINGTON, in the PL17 postcode district. The below map shows the position of No. 5 on LAMORNA PARC.