10, PENNANCE PARC, LANNER, REDRUTH, TR16 5TY - £249,950

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.

10 PENNANCE PARC is a detached house, which could now be worth an estimated £322,606. It was last sold for £249,950 in January 2018, which was around 25% below the average January 2018 detached price in the Cornwall local authority area.

10 PENNANCE PARC Sold Prices

Land registry data shows three sales for 10 PENNANCE PARC 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 10 PENNANCE PARC 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
2018 5 JAN	£249,950	£332,078	25% below HPI
2009 30 JUL	£185,000	£260,963	29% below HPI
2001 15 JUN	£94,000	£130,118	28% below HPI

What might 10 PENNANCE PARC be worth now?

10 PENNANCE PARC might now be worth an estimated £322,606.

This is based on house price inflation of 29.1%, between January 2018 and May 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 29.1% inflationary increase is applied to the most recent sale price for 10 PENNANCE PARC of £249,950 on 5th January 2018. For the value to have increased from £249,950 to £322,606 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 10 PENNANCE PARC has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2018 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 10 PENNANCE PARC has not materially changed since January 2018.

Where is 10 PENNANCE PARC?

10 PENNANCE PARC is located in LANNER, in the TR16 postcode district.