LACOCK, PERRAN DOWNS, PENZANCE, TR20 9HJ - £395,000

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.

LACOCK is a small extended detached house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £389,976. It was last sold for £395,000 in April 2024, which was around 8% below the average April 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2023, where the current energy rating was F, and the potential energy rating was D.

LACOCK Sold Prices

Land registry data shows two sales for LACOCK 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 LACOCK 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
2024 4 APR	£395,000	£428,749	8% below HPI
2017 3 NOV	£155,000	£328,873	53% below HPI

LACOCK 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 LACOCK sales from November 2017 and April 2024 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 November 2017 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the April 2024 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might LACOCK be worth now?

LACOCK might now be worth an estimated £389,976.

This is based on house price deflation of 1.3%, between April 2024 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 1.3% deflationary decrease is applied to the most recent sale price for LACOCK of £395,000 on 4th April 2024. For the value to have decreased from £395,000 to £389,976 over the two years to April 2026, the following assumptions must hold true:

• The value of LACOCK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2024 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of LACOCK has not materially changed since April 2024.

How Large is LACOCK?

LACOCK is 112m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% of detached houses houses in Perran Downs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Perran Downs, and where LACOCK lies on this distribution: 37% of detached houses houses are smaller than LACOCK, and 61% of houses are larger. Note that EPC data is not available for all properties in Perran Downs.

LACOCK: Plot and Title Map

LACOCK sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of LACOCK, 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 LACOCK). 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 LACOCK?

LACOCK is located in PERRAN DOWNS, in the TR20 postcode district. The below map shows the position of LACOCK in PERRAN DOWNS.