ANCHOR HOUSE, PRINCES STREET, LOOE, PL13 2ER - £225,000

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.

ANCHOR HOUSE is a very small terraced house of 33m², built sometime before 1900, which could now be worth an estimated £215,408. It was last sold for £225,000 in August 2023, which was around 7% below the average August 2023 terraced price in the Cornwall local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was A.

ANCHOR HOUSE Sold Prices

Land registry data shows three sales for ANCHOR HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the three ANCHOR HOUSE 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
2023 7 AUG	£225,000	£240,868	7% below HPI
2020 24 FEB	£178,000	£183,203	3% below HPI
2013 18 DEC	£125,000	£152,411	18% below HPI

ANCHOR HOUSE 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 three ANCHOR HOUSE sales between December 2013 and August 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 February 2020 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might ANCHOR HOUSE be worth now?

ANCHOR HOUSE might now be worth an estimated £215,408.

This is based on house price deflation of 4.3%, between August 2023 and May 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 4.3% deflationary decrease is applied to the most recent sale price for ANCHOR HOUSE of £225,000 on 7th August 2023. For the value to have decreased from £225,000 to £215,408 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of ANCHOR HOUSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The August 2023 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of ANCHOR HOUSE has not materially changed since August 2023.

How Large is ANCHOR HOUSE?

ANCHOR HOUSE is 33m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of terraced houses houses in Looe, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Looe, and where ANCHOR HOUSE lies on this distribution: Less than 1% of terraced houses houses are smaller than ANCHOR HOUSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Looe.

ANCHOR HOUSE: Plot and Title Map

ANCHOR HOUSE sits on a plot of roughly 0.007 of an acre, or 30m². The below map shows the location of ANCHOR HOUSE, 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 ANCHOR HOUSE). 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 ANCHOR HOUSE?

ANCHOR HOUSE is located on PRINCES STREET in LOOE, in the PL13 postcode district. The below map shows the position of ANCHOR HOUSE on PRINCES STREET.