UTOPIA, PENNANCE LANE, LANNER, REDRUTH, TR16 5TL - £295,000

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.

UTOPIA is a detached house, which could now be worth an estimated £444,474. It was last sold for £295,000 in December 2006, which was around 4% above the average December 2006 detached price in the Cornwall local authority area.

UTOPIA Sold Prices

Land registry data shows one sale for UTOPIA 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
2006 18 DEC	£295,000	£284,469	4% above HPI

What might UTOPIA be worth now?

UTOPIA might now be worth an estimated £444,474.

This is based on house price inflation of 50.7%, between December 2006 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 50.7% inflationary increase is applied to the most recent sale price for UTOPIA of £295,000 on 18th December 2006. For the value to have increased from £295,000 to £444,474 over the twenty years and seven months to May 2026, the following assumptions must hold true:

• The value of UTOPIA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2006 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of UTOPIA has not materially changed since December 2006.

Where is UTOPIA?

UTOPIA is located on PENNANCE LANE in LANNER, in the TR16 postcode district.