FLAT, CHERRY TREES, MEADWAY, LOOE, PL13 1JT - £180,000

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 is a midsized flat of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £211,451. It was last sold for £180,000 in November 2016, which was around 45% above the average November 2016 flat price in the Cornwall local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

FLAT Sold Prices

Land registry data shows two sales for FLAT 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 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
2016 8 NOV	£180,000	£123,831	45% above HPI
2015 7 AUG	£175,000	£120,303	45% above HPI

What might FLAT be worth now?

FLAT might now be worth an estimated £211,451.

This is based on house price inflation of 17.5%, between November 2016 and April 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 17.5% inflationary increase is applied to the most recent sale price for FLAT of £180,000 on 8th November 2016. For the value to have increased from £180,000 to £211,451 over the ten years and seven months to April 2026, the following assumptions must hold true:

• The value of FLAT has moved in line with the HPI for flats in the Cornwall local authority area.
• The November 2016 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT has not materially changed since November 2016.

How Large is FLAT?

FLAT is 59m² according to the EPC inspection conducted in October 2019. This puts it in the largest 50% of flats in Looe, based on EPC data. 50% of flats are smaller than FLAT, and 50% of flats are larger. Note that EPC data is not available for all properties in Looe.

Where is FLAT?

FLAT, CHERRY TREES is located on MEADWAY in LOOE, in the PL13 postcode district.