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

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.

2 RECTORY GARDENS is a large extended detached house of 225m², built sometime between 1983 and 1990, which could now be worth an estimated £538,174. It was last sold for £470,000 in March 2021, which was around 23% 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	£381,844	23% above HPI
2013 24 SEP	£355,000	£282,832	26% above HPI
2006 14 SEP	£335,000	£280,018	20% above HPI
1999 30 JUL	£126,000	£97,957	29% 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 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2021 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 2 RECTORY GARDENS be worth now?

2 RECTORY GARDENS might now be worth an estimated £538,174.

This is based on house price inflation of 14.5%, between March 2021 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 14.5% inflationary increase is applied to the most recent sale price for 2 RECTORY GARDENS of £470,000 on 1st March 2021. For the value to have increased from £470,000 to £538,174 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 2 RECTORY GARDENS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2021 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RECTORY GARDENS has not materially changed since March 2021.

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 30% of detached houses houses in Lanreath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lanreath, and where 2 RECTORY GARDENS lies on this distribution: 77% of detached houses houses are smaller than 2 RECTORY GARDENS, and 23% 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.