3, MEADWAY, LOOE, PL13 1JS - £170,000

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

3 MEADWAY is a large extended detached house of 157m², built sometime between 1930 and 1949, which could now be worth an estimated £622,936. It was last sold for £170,000 in February 2001, which was around 40% above the average February 2001 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

3 MEADWAY Sold Prices

Land registry data shows two sales for 3 MEADWAY 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 3 MEADWAY 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
2001 16 FEB	£170,000	£121,169	40% above HPI
1999 11 NOV	£125,000	£103,500	21% above HPI

3 MEADWAY 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 3 MEADWAY sales from November 1999 and February 2001 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 November 1999 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2001 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 3 MEADWAY be worth now?

3 MEADWAY might now be worth an estimated £622,936.

This is based on house price inflation of 266.4%, between February 2001 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 266.4% inflationary increase is applied to the most recent sale price for 3 MEADWAY of £170,000 on 16th February 2001. For the value to have increased from £170,000 to £622,936 over the 22 years and two months to December 2024, the following assumptions must hold true:

• The value of 3 MEADWAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2001 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADWAY has not materially changed since February 2001.

How Large is 3 MEADWAY?

3 MEADWAY is 157m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses houses in Looe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Looe, and where 3 MEADWAY lies on this distribution: 72% of detached houses houses are smaller than 3 MEADWAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Looe.

3 MEADWAY: Plot and Title Map

3 MEADWAY sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 3 MEADWAY, 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 3 MEADWAY). 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 3 MEADWAY?

3 MEADWAY is located in LOOE, in the PL13 postcode district. The below map shows the position of No. 3 on MEADWAY.