37, PAYNTERS LANE END ESTATE, ILLOGAN, REDRUTH, TR16 4RJ - £282,000

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

37 PAYNTERS LANE END ESTATE is a large extended detached house of 131m², built sometime between 1950 and 1966. It was last sold for £282,000 in November 2021, which was around 31% below the average November 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

37 PAYNTERS LANE END ESTATE Sold Prices

Land registry data shows four sales for 37 PAYNTERS LANE END ESTATE 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 37 PAYNTERS LANE END ESTATE 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
2021 30 NOV	£282,000	£406,282	31% below HPI
2016 1 NOV	£153,000	£307,645	50% below HPI
2006 5 SEP	£138,950	£275,675	50% below HPI
2003 10 APR	£85,000	£201,318	58% below HPI

37 PAYNTERS LANE END ESTATE 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 37 PAYNTERS LANE END ESTATE sales between April 2003 and November 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 November 2016 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 37 PAYNTERS LANE END ESTATE?

37 PAYNTERS LANE END ESTATE is 131m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where 37 PAYNTERS LANE END ESTATE lies on this distribution: 78% of detached houses are smaller than 37 PAYNTERS LANE END ESTATE, and 21% of houses are larger. Note that EPC data is not available for all properties in Illogan.

37 PAYNTERS LANE END ESTATE: Plot and Title Map

37 PAYNTERS LANE END ESTATE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 37 PAYNTERS LANE END ESTATE, 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 37 PAYNTERS LANE END ESTATE). 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 37 PAYNTERS LANE END ESTATE?

37 PAYNTERS LANE END ESTATE is located in ILLOGAN, in the TR16 postcode district. The below map shows the position of No. 37 on PAYNTERS LANE END ESTATE.