FLAT 2, NAILZEE POINT, MARINE DRIVE, LOOE, PL13 2DF - £400,000

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.

FLAT 2 NAILZEE POINT is a very large flat of 98m², built sometime before 1900, which could now be worth an estimated £366,796. It was last sold for £400,000 in December 2023, which was around 149% above the average December 2023 flat price in the Cornwall local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

FLAT 2 NAILZEE POINT Sold Prices

Land registry data shows two sales for FLAT 2 NAILZEE POINT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Cornwall local authority area for the corresponding sale date. Both of the two FLAT 2 NAILZEE POINT sales were for above 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
2023 20 DEC	£400,000	£160,378	149% above HPI
1998 29 JUL	£69,000	£36,579	89% above HPI

What might FLAT 2 NAILZEE POINT be worth now?

FLAT 2 NAILZEE POINT might now be worth an estimated £366,796.

This is based on house price deflation of 8.3%, between December 2023 and May 2026, for flats, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.3% deflationary decrease is applied to the most recent sale price for FLAT 2 NAILZEE POINT of £400,000 on 20th December 2023. For the value to have decreased from £400,000 to £366,796 over the three years and seven months to May 2026, the following assumptions must hold true:

• The value of FLAT 2 NAILZEE POINT has moved in line with the HPI for flats in the Cornwall local authority area.
• The December 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 NAILZEE POINT has not materially changed since December 2023.

How Large is FLAT 2 NAILZEE POINT?

FLAT 2 NAILZEE POINT is 98m² according to the EPC inspection conducted in August 2023. This puts it in the largest 10% of flats in Looe, based on EPC data. 92% of flats are smaller than FLAT 2 NAILZEE POINT, and 6% of flats are larger. Note that EPC data is not available for all properties in Looe.

FLAT 2 NAILZEE POINT: Plot

FLAT 2 NAILZEE POINT sits on a plot of roughly 0.357 of an acre, or 1,445m².

Where is FLAT 2 NAILZEE POINT?

FLAT 2, NAILZEE POINT is located on MARINE DRIVE in LOOE, in the PL13 postcode district.