WATERS REACH, LERRYN, LOSTWITHIEL, PL22 0QQ - £1,200,000

WATERS REACH is a large extended detached house of 153m², built sometime between 1976 and 1982. It was last sold for £1,200,000 in August 2023, which was around 170% above the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

WATERS REACH Sold Prices

Land registry data shows three sales for WATERS REACH since 1^st 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 WATERS REACH 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
2023 7 AUG	£1,200,000	£445,157	170% above HPI
2016 16 DEC	£840,000	£307,260	173% above HPI
2009 25 MAR	£465,000	£253,811	83% above HPI

WATERS REACH 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 three WATERS REACH sales between March 2009 and August 2023 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 2016 sale was for 173% above the HPI. So the extrapolation line tracks at 173% above the HPI over time, until the August 2023 sale, where it falls to 170% above the HPI. The line then continues to track at 170% above the HPI.

How Large is WATERS REACH?

WATERS REACH is 153m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses in Lerryn, based on EPC data. The below chart shows the distribution of detached houses by size in Lerryn, and where WATERS REACH lies on this distribution: 60% of detached houses are smaller than WATERS REACH, and 40% of houses are larger. Note that EPC data is not available for all properties in Lerryn.

WATERS REACH: Plot and Title Map

WATERS REACH sits on a plot of roughly 0.241 of an acre, or 976m². The below map shows the location of WATERS REACH, 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 WATERS REACH). 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 WATERS REACH?

WATERS REACH is located in LERRYN, in the PL22 postcode district. The below map shows the position of WATERS REACH in LERRYN.