Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
THE LEAT is a very large extended detached house of 138m², built sometime between 1996 and 2002. It was last sold for £370,000 in December 2019, which was around 8% above the average December 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for THE LEAT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three THE LEAT 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 |
---|---|---|---|
2019 18 DEC | £370,000 | £341,511 | 8% above HPI |
2013 27 JUN | £280,000 | £272,671 | 3% above HPI |
2004 30 SEP | £299,000 | £257,040 | 16% above HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three THE LEAT sales between September 2004 and December 2019 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 June 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2019 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.
THE LEAT is 138m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 20% of detached houses in Stenalees, based on EPC data. The below chart shows the distribution of detached houses by size in Stenalees, and where THE LEAT lies on this distribution: 80% of detached houses are smaller than THE LEAT, and 20% of houses are larger. Note that EPC data is not available for all properties in Stenalees.
THE LEAT sits on a plot of roughly 0.267 of an acre, or 1,081m². The below map shows the location of THE LEAT, 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 LEAT). 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.
THE LEAT is located on SINGLEROSE ROAD in STENALEES, in the PL26 postcode district. The below map shows the position of THE LEAT on SINGLEROSE ROAD.