38, BELL LANE, LANNER, REDRUTH, TR16 6AP - £247,000

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

38 BELL LANE is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £247,000 in October 2020, which was around 32% below the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

38 BELL LANE Sold Prices

Land registry data shows two sales for 38 BELL LANE 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 38 BELL LANE 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
2020 6 OCT	£247,000	£364,602	32% below HPI
2000 31 JUL	£77,000	£114,703	33% below HPI

38 BELL LANE 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 38 BELL LANE sales from July 2000 and October 2020 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 July 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2020 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 38 BELL LANE?

38 BELL LANE is 56m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where 38 BELL LANE lies on this distribution: 3% of detached houses are smaller than 38 BELL LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lanner.

38 BELL LANE: Plot and Title Map

38 BELL LANE sits on a plot of roughly 0.237 of an acre, or 958m². The below map shows the location of 38 BELL LANE, 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 38 BELL LANE). 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 38 BELL LANE?

38 BELL LANE is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 38 on BELL LANE.