CORNERWAYS, LANKELLY LANE, FOWEY, PL23 1HN - £650,000

CORNERWAYS is a large detached house of 164m², built sometime between 1976 and 1982. It was last sold for £650,000 in June 2021, which was around 68% above the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

CORNERWAYS Sold Prices

Land registry data shows two sales for CORNERWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two CORNERWAYS 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
2021 29 JUN	£650,000	£387,509	68% above HPI
2005 15 DEC	£387,500	£260,577	49% above HPI

CORNERWAYS 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 two CORNERWAYS sales from December 2005 and June 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 December 2005 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the June 2021 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 164m² according to the EPC inspection conducted in June 2021. This puts it in the largest 30% of detached houses in Fowey, based on EPC data. The below chart shows the distribution of detached houses by size in Fowey, and where CORNERWAYS lies on this distribution: 78% of detached houses are smaller than CORNERWAYS, and 22% of houses are larger. Note that EPC data is not available for all properties in Fowey.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.250 of an acre, or 1,012m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on LANKELLY LANE in FOWEY, in the PL23 postcode district. The below map shows the position of CORNERWAYS on LANKELLY LANE.