WENDRON, MILLENDREATH, LOOE, PL13 1NY - £300,000

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.

WENDRON is a small detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £399,703. It was last sold for £300,000 in July 2017, which was around 6% below the average July 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

WENDRON Sold Prices

Land registry data shows four sales for WENDRON 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 WENDRON sales were for below 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
2017 18 JUL	£300,000	£317,708	6% below HPI
2005 20 OCT	£212,000	£266,802	21% below HPI
2004 9 DEC	£209,000	£263,099	21% below HPI
2001 11 DEC	£139,950	£144,592	3% below HPI

WENDRON 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 WENDRON sales between December 2001 and July 2017 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 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might WENDRON be worth now?

WENDRON might now be worth an estimated £399,703.

This is based on house price inflation of 33.2%, between July 2017 and April 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 33.2% inflationary increase is applied to the most recent sale price for WENDRON of £300,000 on 18th July 2017. For the value to have increased from £300,000 to £399,703 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of WENDRON has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of WENDRON has not materially changed since July 2017.

How Large is WENDRON?

WENDRON is 87m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% of detached houses houses in Looe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Looe, and where WENDRON lies on this distribution: 26% of detached houses houses are smaller than WENDRON, and 74% of houses are larger. Note that EPC data is not available for all properties in Looe.

WENDRON: Plot and Title Map

WENDRON sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of WENDRON, 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 WENDRON). 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 WENDRON?

WENDRON is located in MILLENDREATH, in the PL13 postcode district. The below map shows the position of WENDRON in MILLENDREATH.