LANARTH, FOUR LANES, REDRUTH, TR16 6PY - £230,000

LANARTH is a midsized extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £230,000 in November 2019, which was around 33% below the average November 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

LANARTH Sold Prices

Land registry data shows three sales for LANARTH 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 LANARTH 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
2019 22 NOV	£230,000	£344,140	33% below HPI
2002 28 MAR	£108,000	£149,311	28% below HPI
1999 5 NOV	£74,950	£101,894	26% below HPI

LANARTH 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 LANARTH sales between November 1999 and November 2019 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 March 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is LANARTH?

LANARTH is 75m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of detached houses in Four Lanes, based on EPC data. The below chart shows the distribution of detached houses by size in Four Lanes, and where LANARTH lies on this distribution: 43% of detached houses are smaller than LANARTH, and 55% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

LANARTH: Plot and Title Map

LANARTH sits on a plot of roughly 0.267 of an acre, or 1,081m². The below map shows the location of LANARTH, 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 LANARTH). 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 LANARTH?

LANARTH is located in FOUR LANES, in the TR16 postcode district. The below map shows the position of LANARTH in FOUR LANES.