THE ORCHARD, DARLOE LANE, LOOE, PL13 2BG - £575,000

THE ORCHARD is a midsized detached house of 122m², built sometime between 1950 and 1966. It was last sold for £575,000 in March 2021, which was around 48% above the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

THE ORCHARD Sold Prices

Land registry data shows four sales for THE ORCHARD 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 ORCHARD 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
2021 4 MAR	£575,000	£387,531	48% above HPI
2014 23 OCT	£405,000	£290,735	39% above HPI
2002 29 NOV	£230,000	£187,019	23% above HPI
1996 1 NOV	£86,000	£75,607	14% above HPI

THE ORCHARD 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 ORCHARD sales between November 1996 and March 2021 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 October 2014 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is THE ORCHARD?

THE ORCHARD is 122m² according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Looe, based on EPC data. The below chart shows the distribution of detached houses by size in Looe, and where THE ORCHARD lies on this distribution: 55% of detached houses are smaller than THE ORCHARD, and 44% of houses are larger. Note that EPC data is not available for all properties in Looe.

THE ORCHARD: Plot and Title Map

THE ORCHARD sits on a plot of roughly 0.191 of an acre, or 771m². The below map shows the location of THE ORCHARD, 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 ORCHARD). 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 ORCHARD?

THE ORCHARD is located on DARLOE LANE in LOOE, in the PL13 postcode district. The below map shows the position of THE ORCHARD on DARLOE LANE.