LLANWANDA, LANREATH, LOOE, PL13 2NX - £320,000

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.

LLANWANDA is a very small extended detached house of 75m², built sometime before 1900, which could now be worth an estimated £426,350. It was last sold for £320,000 in July 2017, which was around 1% above the average July 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was F, and the potential energy rating was B.

LLANWANDA Sold Prices

Land registry data shows two sales for LLANWANDA 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. One of the two LLANWANDA sales was for above the average price, whilst the other was 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
2017 31 JUL	£320,000	£317,708	1% above HPI
2013 6 DEC	£125,000	£279,523	55% below HPI

LLANWANDA 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 LLANWANDA sales from December 2013 and July 2017 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 December 2013 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the July 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might LLANWANDA be worth now?

LLANWANDA might now be worth an estimated £426,350.

This is based on house price inflation of 33.2%, between July 2017 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 33.2% inflationary increase is applied to the most recent sale price for LLANWANDA of £320,000 on 31st July 2017. For the value to have increased from £320,000 to £426,350 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of LLANWANDA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2017 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of LLANWANDA has not materially changed since July 2017.

How Large is LLANWANDA?

LLANWANDA is 75m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses houses in Lanreath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lanreath, and where LLANWANDA lies on this distribution: Less than 1% of detached houses houses are smaller than LLANWANDA, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lanreath.

LLANWANDA: Plot and Title Map

LLANWANDA sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of LLANWANDA, 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 LLANWANDA). 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 LLANWANDA?

LLANWANDA is located in LANREATH, in the PL13 postcode district. The below map shows the position of LLANWANDA in LANREATH.