1, LEWANNICK CLOSE, LEWANNICK, LAUNCESTON, PL15 7QL - £351,000

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

1 LEWANNICK CLOSE is a large extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £351,000 in September 2021, which was around 8% below the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

1 LEWANNICK CLOSE Sold Prices

Land registry data shows two sales for 1 LEWANNICK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 1 LEWANNICK CLOSE 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
2021 29 SEP	£351,000	£380,638	8% below HPI
2017 15 MAY	£251,000	£309,830	19% below HPI

1 LEWANNICK CLOSE 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 two 1 LEWANNICK CLOSE sales from May 2017 and September 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 May 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1 LEWANNICK CLOSE?

1 LEWANNICK CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 30% of detached houses in Lewannick, based on EPC data. The below chart shows the distribution of detached houses by size in Lewannick, and where 1 LEWANNICK CLOSE lies on this distribution: 76% of detached houses are smaller than 1 LEWANNICK CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Lewannick.

1 LEWANNICK CLOSE: Plot and Title Map

1 LEWANNICK CLOSE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 1 LEWANNICK CLOSE, 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 LEWANNICK CLOSE). 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 LEWANNICK CLOSE?

1 LEWANNICK CLOSE is located in LEWANNICK, in the PL15 postcode district. The below map shows the position of No. 1 on LEWANNICK CLOSE.