THE LAIR, PERRAN DOWNS, PENZANCE, TR20 9HQ - £475,000

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.

THE LAIR is a very large extended detached house of 194m², built sometime between 1976 and 1982, which could now be worth an estimated £678,364. It was last sold for £475,000 in October 2014, which was around 61% above the average October 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

THE LAIR Sold Prices

Land registry data shows four sales for THE LAIR since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four THE LAIR 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
2014 24 OCT	£475,000	£295,316	61% above HPI
2006 18 DEC	£410,000	£284,469	44% above HPI
2004 19 MAR	£370,000	£234,856	58% above HPI
1996 15 JAN	£147,500	£72,400	104% above HPI

THE LAIR Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four THE LAIR sales between January 1996 and October 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2006 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2014 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might THE LAIR be worth now?

THE LAIR might now be worth an estimated £678,364.

This is based on house price inflation of 42.8%, between October 2014 and July 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 42.8% inflationary increase is applied to the most recent sale price for THE LAIR of £475,000 on 24th October 2014. For the value to have increased from £475,000 to £678,364 over the twelve years and three months to July 2026, the following assumptions must hold true:

• The value of THE LAIR has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2014 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAIR has not materially changed since October 2014.

How Large is THE LAIR?

THE LAIR is 194m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 20% of detached houses houses in Perran Downs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Perran Downs, and where THE LAIR lies on this distribution: 82% of detached houses houses are smaller than THE LAIR, and 18% of houses are larger. Note that EPC data is not available for all properties in Perran Downs.

THE LAIR: Plot and Title Map

THE LAIR sits on a plot of roughly 0.432 of an acre, or 1,748m². The below map shows the location of THE LAIR, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE LAIR). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE LAIR?

THE LAIR is located in PERRAN DOWNS, in the TR20 postcode district. The below map shows the position of THE LAIR in PERRAN DOWNS.