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

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.

37 PAYNTERS LANE END ESTATE is a large extended detached house of 131m², built sometime between 1950 and 1966, which could now be worth an estimated £298,774. It was last sold for £282,000 in November 2021, which was around 32% 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	£412,683	32% below HPI
2016 1 NOV	£153,000	£312,492	51% below HPI
2006 5 SEP	£138,950	£280,018	50% below HPI
2003 10 APR	£85,000	£204,490	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 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the November 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 37 PAYNTERS LANE END ESTATE be worth now?

37 PAYNTERS LANE END ESTATE might now be worth an estimated £298,774.

This is based on house price inflation of 5.9%, between November 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 5.9% inflationary increase is applied to the most recent sale price for 37 PAYNTERS LANE END ESTATE of £282,000 on 30th November 2021. For the value to have increased from £282,000 to £298,774 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 37 PAYNTERS LANE END ESTATE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2021 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 37 PAYNTERS LANE END ESTATE has not materially changed since November 2021.

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 houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Illogan, and where 37 PAYNTERS LANE END ESTATE lies on this distribution: 78% of detached houses houses are smaller than 37 PAYNTERS LANE END ESTATE, and 22% 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.