GRADNA, PLAIDY, LOOE, PL13 1LF - £3,350,000

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.

GRADNA is a very large extended detached house of 287m², built sometime between 1930 and 1949, which could now be worth an estimated £4,031,253. It was last sold for £3,350,000 in July 2020, which was around 852% above the average July 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

GRADNA Sold Prices

Land registry data shows three sales for GRADNA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three GRADNA 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
2020 15 JUL	£3,350,000	£351,762	852% above HPI
2005 20 JUL	£2,125,000	£264,077	705% above HPI
2004 27 MAY	£1,975,000	£239,404	725% above HPI

GRADNA 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 three GRADNA sales between May 2004 and July 2020 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 2005 sale was for 705% above the HPI. So the extrapolation line tracks at 705% above the HPI over time, until the July 2020 sale, where it rises to 852% above the HPI. The line then continues to track at 852% above the HPI.

What might GRADNA be worth now?

GRADNA might now be worth an estimated £4,031,253.

This is based on house price inflation of 20.3%, between July 2020 and April 2026, for 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 20.3% inflationary increase is applied to the most recent sale price for GRADNA of £3,350,000 on 15th July 2020. For the value to have increased from £3,350,000 to £4,031,253 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of GRADNA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2020 sale price of £3,350,000 represented a fair market value for the property.
• The size, condition, and specification of GRADNA has not materially changed since July 2020.

How Large is GRADNA?

GRADNA is 287m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses houses in Looe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Looe, and where GRADNA lies on this distribution: 98% of detached houses houses are smaller than GRADNA, and 2% of houses are larger. Note that EPC data is not available for all properties in Looe.

GRADNA: Plot and Title Map

GRADNA sits on a plot of roughly 1.7 acres, or 6,912m². The below map shows the location of GRADNA, 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 GRADNA). 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 GRADNA?

GRADNA is located in PLAIDY, in the PL13 postcode district. The below map shows the position of GRADNA in PLAIDY.