16, REEDS PARK, LOSTWITHIEL, PL22 0HF - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 REEDS PARK is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £265,000 in February 2008, which was around 11% below the average February 2008 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2024, where the current energy rating was B, and the potential energy rating was B.

16 REEDS PARK Sold Prices

Land registry data shows three sales for 16 REEDS PARK 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 16 REEDS PARK 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
2008 5 FEB	£265,000	£296,771	11% below HPI
1999 12 NOV	£92,000	£101,894	10% below HPI
1999 28 MAY	£84,000	£93,617	10% below HPI

16 REEDS PARK 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 16 REEDS PARK sales between May 1999 and February 2008 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 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2008 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 16 REEDS PARK?

16 REEDS PARK is 85m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Lostwithiel, based on EPC data. The below chart shows the distribution of detached houses by size in Lostwithiel, and where 16 REEDS PARK lies on this distribution: 14% of detached houses are smaller than 16 REEDS PARK, and 86% of houses are larger. Note that EPC data is not available for all properties in Lostwithiel.

16 REEDS PARK: Plot and Title Map

16 REEDS PARK sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 16 REEDS PARK, 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 16 REEDS PARK). 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 16 REEDS PARK?

16 REEDS PARK is located in LOSTWITHIEL, in the PL22 postcode district. The below map shows the position of No. 16 on REEDS PARK.