22, PENNANCE PARC, LANNER, REDRUTH, TR16 5TY - £139,000

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.

22 PENNANCE PARC is a midsized detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £379,356. It was last sold for £139,000 in May 2002, which was around 11% below the average May 2002 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was C.

22 PENNANCE PARC Sold Prices

Land registry data shows one sale for 22 PENNANCE PARC since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 8 MAY	£139,000	£157,046	11% below HPI

What might 22 PENNANCE PARC be worth now?

22 PENNANCE PARC might now be worth an estimated £379,356.

This is based on house price inflation of 172.9%, between May 2002 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 172.9% inflationary increase is applied to the most recent sale price for 22 PENNANCE PARC of £139,000 on 8th May 2002. For the value to have increased from £139,000 to £379,356 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 22 PENNANCE PARC has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2002 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 22 PENNANCE PARC has not materially changed since May 2002.

How Large is 22 PENNANCE PARC?

22 PENNANCE PARC is 92m² according to the EPC inspection conducted in January 2013. This puts it in the largest 50% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where 22 PENNANCE PARC lies on this distribution: 53% of detached houses are smaller than 22 PENNANCE PARC, and 47% of detached houses are larger. Note that EPC data is not available for all properties in Lanner.

22 PENNANCE PARC: Plot

22 PENNANCE PARC sits on a plot of roughly 0.088 of an acre, or 356m².

Where is 22 PENNANCE PARC?

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