2, LAITY DRIVE, PENGEGON, CAMBORNE, TR14 7UX - £195,000

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 LAITY DRIVE is a midsized detached house of 99m², built sometime between 2003 and 2006, which could now be worth an estimated £271,032. It was last sold for £195,000 in March 2017, which was around 38% below the average March 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

2 LAITY DRIVE Sold Prices

Land registry data shows three sales for 2 LAITY DRIVE 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 2 LAITY DRIVE 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
2017 20 MAR	£195,000	£314,575	38% below HPI
2007 26 JAN	£199,950	£286,962	30% below HPI
2005 21 SEP	£145,000	£265,746	45% below HPI

2 LAITY DRIVE 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 LAITY DRIVE sales between September 2005 and March 2017 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 January 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2017 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 2 LAITY DRIVE be worth now?

2 LAITY DRIVE might now be worth an estimated £271,032.

This is based on house price inflation of 39%, between March 2017 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 39% inflationary increase is applied to the most recent sale price for 2 LAITY DRIVE of £195,000 on 20th March 2017. For the value to have increased from £195,000 to £271,032 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 2 LAITY DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2017 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAITY DRIVE has not materially changed since March 2017.

How Large is 2 LAITY DRIVE?

2 LAITY DRIVE is 99m² according to the EPC inspection conducted in January 2016. This puts it in the largest 50% of detached houses houses in Camborne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Camborne, and where 2 LAITY DRIVE lies on this distribution: 57% of detached houses houses are smaller than 2 LAITY DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Camborne.

2 LAITY DRIVE: Plot and Title Map

2 LAITY DRIVE sits on a plot of roughly 72.0 acres, or 291,233m². The below map shows the location of 2 LAITY DRIVE, 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 LAITY DRIVE). 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 LAITY DRIVE?

2 LAITY DRIVE is located in PENGEGON, in the TR14 postcode district. The below map shows the position of No. 2 on LAITY DRIVE.