FLAT 2, VERONICA, SANDPLACE ROAD, LOOE, PL13 1LR - £115,000

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.

FLAT 2 VERONICA is a very small semi-detached house of 28m², built sometime between 1950 and 1966, which could now be worth an estimated £109,485. It was last sold for £115,000 in March 2023, which was around 61% below the average March 2023 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

FLAT 2 VERONICA Sold Prices

Land registry data shows three sales for FLAT 2 VERONICA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Two of the three FLAT 2 VERONICA sales were for below the average price, whilst one was 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 10 MAR	£115,000	£292,835	61% below HPI
2021 3 SEP	£125,000	£251,957	50% below HPI
2001 16 NOV	£111,250	£87,618	27% above HPI

FLAT 2 VERONICA 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 three FLAT 2 VERONICA sales between November 2001 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 September 2021 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2023 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

What might FLAT 2 VERONICA be worth now?

FLAT 2 VERONICA might now be worth an estimated £109,485.

This is based on house price deflation of 4.8%, between March 2023 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 4.8% deflationary decrease is applied to the most recent sale price for FLAT 2 VERONICA of £115,000 on 10th March 2023. For the value to have decreased from £115,000 to £109,485 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of FLAT 2 VERONICA has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The March 2023 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 VERONICA has not materially changed since March 2023.

How Large is FLAT 2 VERONICA?

FLAT 2 VERONICA is 28m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of semi-detached houses houses in Looe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Looe, and where FLAT 2 VERONICA lies on this distribution: Less than 1% of semi-detached houses houses are smaller than FLAT 2 VERONICA, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Looe.

FLAT 2 VERONICA: Plot and Title Map

FLAT 2 VERONICA sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of FLAT 2 VERONICA, 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 FLAT 2 VERONICA). 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 FLAT 2 VERONICA?

FLAT 2, VERONICA is located on SANDPLACE ROAD in LOOE, in the PL13 postcode district. The below map shows the position of FLAT 2, VERONICA on SANDPLACE ROAD.