2, RECTORY GARDENS, LANREATH, LOOE, PL13 2TA - £470,000

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

2 RECTORY GARDENS is a very large extended detached house of 225m², built sometime between 1983 and 1990. It was last sold for £470,000 in March 2021, which was around 25% above the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

2 RECTORY GARDENS Sold Prices

Land registry data shows four sales for 2 RECTORY GARDENS 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. All of the four 2 RECTORY GARDENS 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 1 MAR	£470,000	£375,921	25% above HPI
2013 24 SEP	£355,000	£278,445	27% above HPI
2006 14 SEP	£335,000	£275,675	22% above HPI
1999 30 JUL	£126,000	£96,437	31% above HPI

2 RECTORY GARDENS 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 2 RECTORY GARDENS sales between July 1999 and March 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 September 2013 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2021 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 2 RECTORY GARDENS?

2 RECTORY GARDENS is 225m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses in Lanreath, based on EPC data. The below chart shows the distribution of detached houses by size in Lanreath, and where 2 RECTORY GARDENS lies on this distribution: 80% of detached houses are smaller than 2 RECTORY GARDENS, and 20% of houses are larger. Note that EPC data is not available for all properties in Lanreath.

2 RECTORY GARDENS: Plot and Title Map

2 RECTORY GARDENS sits on a plot of roughly 0.272 of an acre, or 1,100m². The below map shows the location of 2 RECTORY GARDENS, 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 RECTORY GARDENS). 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 RECTORY GARDENS?

2 RECTORY GARDENS is located in LANREATH, in the PL13 postcode district. The below map shows the position of No. 2 on RECTORY GARDENS.