38, RICHMOND ROAD, PELYNT, LOOE, PL13 2NH - £358,000

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.

38 RICHMOND ROAD is a very large extended detached house of 132m², built sometime between 1976 and 1982, which could now be worth an estimated £337,466. It was last sold for £358,000 in October 2022, which was around 23% below the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

38 RICHMOND ROAD Sold Prices

Land registry data shows two sales for 38 RICHMOND ROAD 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 RICHMOND ROAD 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
2022 28 OCT	£358,000	£463,835	23% below HPI
2000 14 JUL	£66,500	£116,510	43% below HPI

38 RICHMOND ROAD 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 RICHMOND ROAD sales from July 2000 and October 2022 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 38 RICHMOND ROAD be worth now?

38 RICHMOND ROAD might now be worth an estimated £337,466.

This is based on house price deflation of 5.7%, between October 2022 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 5.7% deflationary decrease is applied to the most recent sale price for 38 RICHMOND ROAD of £358,000 on 28th October 2022. For the value to have decreased from £358,000 to £337,466 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 38 RICHMOND ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2022 sale price of £358,000 represented a fair market value for the property.
• The size, condition, and specification of 38 RICHMOND ROAD has not materially changed since October 2022.

How Large is 38 RICHMOND ROAD?

38 RICHMOND ROAD is 132m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of detached houses houses in Pelynt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pelynt, and where 38 RICHMOND ROAD lies on this distribution: 82% of detached houses houses are smaller than 38 RICHMOND ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Pelynt.

38 RICHMOND ROAD: Plot and Title Map

38 RICHMOND ROAD sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 38 RICHMOND ROAD, 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 RICHMOND ROAD). 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 RICHMOND ROAD?

38 RICHMOND ROAD is located in PELYNT, in the PL13 postcode district. The below map shows the position of No. 38 on RICHMOND ROAD.