1, PENTREATH CLOSE, LANNER, REDRUTH, TR16 6LD - £335,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 PENTREATH CLOSE is a small detached house of 82m², built sometime between 2003 and 2006. It was last sold for £335,000 in September 2021, which was around 12% below the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

1 PENTREATH CLOSE Sold Prices

Land registry data shows three sales for 1 PENTREATH CLOSE 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 PENTREATH 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 16 SEP	£335,000	£380,638	12% below HPI
2009 25 NOV	£210,000	£263,996	20% below HPI
2004 12 NOV	£199,950	£261,265	23% below HPI

1 PENTREATH 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 three 1 PENTREATH CLOSE sales between November 2004 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 November 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 1 PENTREATH CLOSE?

1 PENTREATH CLOSE is 82m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where 1 PENTREATH CLOSE lies on this distribution: 36% of detached houses are smaller than 1 PENTREATH CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Lanner.

1 PENTREATH CLOSE: Plot and Title Map

1 PENTREATH CLOSE sits on a plot of roughly 0.950 of an acre, or 3,845m². The below map shows the location of 1 PENTREATH 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 PENTREATH 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 PENTREATH CLOSE?

1 PENTREATH CLOSE is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 1 on PENTREATH CLOSE.