3, THE ORCHARD, LOOE, PL13 1AF - £260,000

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 THE ORCHARD is a very small extended detached house of 76m², built sometime from 2007 onwards, which could now be worth an estimated £329,944. It was last sold for £260,000 in November 2018, which was around 25% below the average November 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

3 THE ORCHARD Sold Prices

Land registry data shows three sales for 3 THE ORCHARD 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 3 THE ORCHARD 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
2018 2 NOV	£260,000	£344,543	25% below HPI
2013 25 MAR	£217,500	£270,837	20% below HPI
2009 27 NOV	£194,000	£268,155	28% below HPI

3 THE ORCHARD 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 3 THE ORCHARD sales between November 2009 and November 2018 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 March 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 THE ORCHARD be worth now?

3 THE ORCHARD might now be worth an estimated £329,944.

This is based on house price inflation of 26.9%, between November 2018 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 26.9% inflationary increase is applied to the most recent sale price for 3 THE ORCHARD of £260,000 on 2nd November 2018. For the value to have increased from £260,000 to £329,944 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 THE ORCHARD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2018 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE ORCHARD has not materially changed since November 2018.

How Large is 3 THE ORCHARD?

3 THE ORCHARD is 76m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% 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 THE ORCHARD lies on this distribution: 12% of detached houses houses are smaller than 3 THE ORCHARD, and 88% of houses are larger. Note that EPC data is not available for all properties in Looe.

3 THE ORCHARD: Plot and Title Map

3 THE ORCHARD sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 3 THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

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