2, GLEBE CLOSE, PELYNT, LOOE, PL13 2HS - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 GLEBE CLOSE is a very large detached house of 139m², built sometime between 1976 and 1982, which could now be worth an estimated £357,402. It was last sold for £225,000 in April 2012, which was around 20% below the average April 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

2 GLEBE CLOSE Sold Prices

Land registry data shows three sales for 2 GLEBE 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. Two of the three 2 GLEBE CLOSE sales were for below the average price, whilst one was 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
2012 20 APR	£225,000	£279,519	20% below HPI
2000 13 OCT	£129,950	£124,470	4% above HPI
1998 6 NOV	£76,500	£92,806	18% below HPI

2 GLEBE 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 2 GLEBE CLOSE sales between November 1998 and April 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 October 2000 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 GLEBE CLOSE be worth now?

2 GLEBE CLOSE might now be worth an estimated £357,402.

This is based on house price inflation of 58.8%, between April 2012 and December 2024, 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 58.8% inflationary increase is applied to the most recent sale price for 2 GLEBE CLOSE of £225,000 on 20th April 2012. For the value to have increased from £225,000 to £357,402 over the eleven years and four months to December 2024, the following assumptions must hold true:

• The value of 2 GLEBE CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2012 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GLEBE CLOSE has not materially changed since April 2012.

How Large is 2 GLEBE CLOSE?

2 GLEBE CLOSE is 139m² according to the EPC inspection conducted in January 2024. This puts it in the largest 20% of detached houses houses in Pelynt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pelynt, and where 2 GLEBE CLOSE lies on this distribution: 86% of detached houses houses are smaller than 2 GLEBE CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Pelynt.

2 GLEBE CLOSE: Plot and Title Map

2 GLEBE CLOSE sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 2 GLEBE 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 2 GLEBE 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 2 GLEBE CLOSE?

2 GLEBE CLOSE is located in PELYNT, in the PL13 postcode district. The below map shows the position of No. 2 on GLEBE CLOSE.