1A, WOODLANDS TERRACE, LANNER, REDRUTH, TR16 6HQ - £158,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1A WOODLANDS TERRACE is a large detached house of 103m², built sometime from 2007 onwards, which could now be worth an estimated £244,456. It was last sold for £158,000 in July 2012, which was around 44% below the average July 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was D.

1A WOODLANDS TERRACE Sold Prices

Land registry data shows two sales for 1A WOODLANDS TERRACE 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 1A WOODLANDS TERRACE 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
2012 6 JUL	£158,000	£282,597	44% below HPI
1999 10 SEP	£76,700	£100,296	24% below HPI

1A WOODLANDS TERRACE 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 1A WOODLANDS TERRACE sales from September 1999 and July 2012 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 September 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2012 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 1A WOODLANDS TERRACE be worth now?

1A WOODLANDS TERRACE might now be worth an estimated £244,456.

This is based on house price inflation of 54.7%, between July 2012 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.7% inflationary increase is applied to the most recent sale price for 1A WOODLANDS TERRACE of £158,000 on 6th July 2012. For the value to have increased from £158,000 to £244,456 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 1A WOODLANDS TERRACE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2012 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 1A WOODLANDS TERRACE has not materially changed since July 2012.

How Large is 1A WOODLANDS TERRACE?

1A WOODLANDS TERRACE is 103m² according to the EPC inspection conducted in February 2009. This puts it in the largest 40% of detached houses houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lanner, and where 1A WOODLANDS TERRACE lies on this distribution: 61% of detached houses houses are smaller than 1A WOODLANDS TERRACE, and 39% of houses are larger. Note that EPC data is not available for all properties in Lanner.

1A WOODLANDS TERRACE: Plot and Title Map

1A WOODLANDS TERRACE sits on a plot of roughly 18.4 acres, or 74,512m². The below map shows the location of 1A WOODLANDS TERRACE, 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 1A WOODLANDS TERRACE). 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 1A WOODLANDS TERRACE?

1A WOODLANDS TERRACE is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 1A on WOODLANDS TERRACE.