10, MAY GARDENS, LANNER, REDRUTH, TR16 6AR - £310,000

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

10 MAY GARDENS is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £310,000 in November 2022, which was around 33% below the average November 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2018, where the current energy rating was F, and the potential energy rating was D.

10 MAY GARDENS Sold Prices

Land registry data shows two sales for 10 MAY GARDENS 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 10 MAY GARDENS 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
2022 15 NOV	£310,000	£461,377	33% below HPI
1996 15 NOV	£52,000	£75,607	31% below HPI

10 MAY GARDENS 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 10 MAY GARDENS sales from November 1996 and November 2022 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 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 10 MAY GARDENS?

10 MAY GARDENS is 61m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where 10 MAY GARDENS lies on this distribution: 9% of detached houses are smaller than 10 MAY GARDENS, and 90% of houses are larger. Note that EPC data is not available for all properties in Lanner.

10 MAY GARDENS: Plot and Title Map

10 MAY GARDENS sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 10 MAY GARDENS, 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 10 MAY GARDENS). 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 10 MAY GARDENS?

10 MAY GARDENS is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 10 on MAY GARDENS.