Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 RIVER VIEW is a midsized detached house of 117m², built sometime between 1976 and 1982. It was last sold for £368,000 in February 2023, which was around 17% below the average February 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2022, where the current energy rating was A, and the potential energy rating was A.
Land registry data shows four sales for 3 RIVER VIEW since 1st 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 3 RIVER VIEW 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 |
---|---|---|---|
2023 20 FEB | £368,000 | £444,241 | 17% below HPI |
2014 29 AUG | £190,000 | £283,301 | 33% below HPI |
2013 11 JUN | £172,000 | £272,671 | 37% below HPI |
2009 30 OCT | £180,000 | £260,752 | 31% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 3 RIVER VIEW sales between October 2009 and February 2023 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 August 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
3 RIVER VIEW is 117m² according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Looe, based on EPC data. The below chart shows the distribution of detached houses by size in Looe, and where 3 RIVER VIEW lies on this distribution: 51% of detached houses are smaller than 3 RIVER VIEW, and 48% of houses are larger. Note that EPC data is not available for all properties in Looe.
3 RIVER VIEW sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 3 RIVER VIEW, 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 RIVER VIEW). 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.
3 RIVER VIEW is located in LOOE, in the PL13 postcode district. The below map shows the position of No. 3 on RIVER VIEW.