18, REEDS PARK, LOSTWITHIEL, PL22 0HF - £395,000

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

18 REEDS PARK is a very large detached house of 166m², built sometime between 1967 and 1975. It was last sold for £395,000 in May 2021, which was around 5% above the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

18 REEDS PARK Sold Prices

Land registry data shows four sales for 18 REEDS PARK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four 18 REEDS PARK sales were for above 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 14 MAY	£395,000	£375,609	5% above HPI
2018 25 JUN	£340,000	£326,989	4% above HPI
2002 31 JUL	£149,950	£165,264	9% below HPI
1998 18 FEB	£120,000	£85,995	40% above HPI

18 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 four 18 REEDS PARK sales between February 1998 and May 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 June 2018 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 18 REEDS PARK?

18 REEDS PARK is 166m² according to the EPC inspection conducted in November 2017. This puts it in the largest 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 18 REEDS PARK lies on this distribution: 85% of detached houses are smaller than 18 REEDS PARK, and 15% of houses are larger. Note that EPC data is not available for all properties in Lostwithiel.

18 REEDS PARK: Plot and Title Map

18 REEDS PARK sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 18 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 18 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 18 REEDS PARK?

18 REEDS PARK is located in LOSTWITHIEL, in the PL22 postcode district. The below map shows the position of No. 18 on REEDS PARK.