LAURESTINE, CROWLAS, PENZANCE, TR20 8DS - £87,000

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.

LAURESTINE is a midsized extended detached house of 102m², built sometime between 1900 and 1929, which could now be worth an estimated £330,979. It was last sold for £87,000 in May 2000, which was around 22% below the average May 2000 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.

LAURESTINE Sold Prices

Land registry data shows three sales for LAURESTINE 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 LAURESTINE 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
2000 19 MAY	£87,000	£110,860	22% below HPI
1998 29 MAY	£78,000	£88,982	12% below HPI
1996 4 OCT	£69,950	£76,556	9% below HPI

LAURESTINE 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 LAURESTINE sales between October 1996 and May 2000 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 May 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2000 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might LAURESTINE be worth now?

LAURESTINE might now be worth an estimated £330,979.

This is based on house price inflation of 280.4%, between May 2000 and July 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 280.4% inflationary increase is applied to the most recent sale price for LAURESTINE of £87,000 on 19th May 2000. For the value to have increased from £87,000 to £330,979 over the 25 years and ten months to July 2026, the following assumptions must hold true:

• The value of LAURESTINE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2000 sale price of £87,000 represented a fair market value for the property.
• The size, condition, and specification of LAURESTINE has not materially changed since May 2000.

How Large is LAURESTINE?

LAURESTINE is 102m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of detached houses houses in Crowlas, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crowlas, and where LAURESTINE lies on this distribution: 47% of detached houses houses are smaller than LAURESTINE, and 51% of houses are larger. Note that EPC data is not available for all properties in Crowlas.

Where is LAURESTINE?

LAURESTINE is located in CROWLAS, in the TR20 postcode district. The below map shows the position of LAURESTINE in CROWLAS.