ITHACA, HORSEDOWNS ROAD, LEEDSTOWN, HAYLE, TR27 6BS - £380,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

ITHACA is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £380,000 in September 2022, which was around 16% below the average September 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

ITHACA Sold Prices

Land registry data shows three sales for ITHACA 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. Two of the three ITHACA 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
2022 12 SEP	£380,000	£450,467	16% below HPI
2005 11 FEB	£239,000	£255,020	6% below HPI
1998 8 OCT	£250,000	£91,148	174% above HPI

ITHACA 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 ITHACA sales between October 1998 and September 2022 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 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is ITHACA?

ITHACA is 78m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Leedstown, based on EPC data. The below chart shows the distribution of detached houses by size in Leedstown, and where ITHACA lies on this distribution: 14% of detached houses are smaller than ITHACA, and 86% of houses are larger. Note that EPC data is not available for all properties in Leedstown.

ITHACA: Plot and Title Map

ITHACA sits on a plot of roughly 1,067.7 acres, or 4,321,025m². The below map shows the location of ITHACA, 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 ITHACA). 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 ITHACA?

ITHACA is located on HORSEDOWNS ROAD in LEEDSTOWN, in the TR27 postcode district. The below map shows the position of ITHACA on HORSEDOWNS ROAD.