1, LANOWETH, PENRYN, TR10 8RP - £157,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 LANOWETH is a very small extended detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £322,168. It was last sold for £157,950 in July 2003, which was around 27% below the average July 2003 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

1 LANOWETH Sold Prices

Land registry data shows three sales for 1 LANOWETH 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 1 LANOWETH 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
2003 29 JUL	£157,950	£217,682	27% below HPI
2002 27 FEB	£105,500	£148,606	29% below HPI
2001 16 MAR	£92,500	£123,475	25% below HPI

1 LANOWETH 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 1 LANOWETH sales between March 2001 and July 2003 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 February 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2003 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1 LANOWETH be worth now?

1 LANOWETH might now be worth an estimated £322,168.

This is based on house price inflation of 104%, between July 2003 and December 2024, 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 104% inflationary increase is applied to the most recent sale price for 1 LANOWETH of £157,950 on 29th July 2003. For the value to have increased from £157,950 to £322,168 over the twenty years and seven months to December 2024, the following assumptions must hold true:

• The value of 1 LANOWETH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2003 sale price of £157,950 represented a fair market value for the property.
• The size, condition, and specification of 1 LANOWETH has not materially changed since July 2003.

How Large is 1 LANOWETH?

1 LANOWETH is 80m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses houses in Penryn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penryn, and where 1 LANOWETH lies on this distribution: 18% of detached houses houses are smaller than 1 LANOWETH, and 82% of houses are larger. Note that EPC data is not available for all properties in Penryn.

1 LANOWETH: Plot and Title Map

1 LANOWETH sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 1 LANOWETH, 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 1 LANOWETH). 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 1 LANOWETH?

1 LANOWETH is located in PENRYN, in the TR10 postcode district. The below map shows the position of No. 1 on LANOWETH.