4, HENDRA TOR VIEW, FIVE LANES, LAUNCESTON, PL15 7RG - £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

4 HENDRA TOR VIEW is a very small detached house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £311,710. It was last sold for £260,000 in October 2020, which was around 30% below the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was A.

4 HENDRA TOR VIEW Sold Prices

Land registry data shows four sales for 4 HENDRA TOR VIEW 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 4 HENDRA TOR VIEW 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 8 OCT	£260,000	£370,347	30% below HPI
2007 2 JUL	£249,950	£295,243	15% below HPI
2006 14 FEB	£225,000	£259,890	13% below HPI
2000 9 OCT	£88,000	£124,470	29% below HPI

4 HENDRA TOR VIEW 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 4 HENDRA TOR VIEW sales between October 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 HENDRA TOR VIEW be worth now?

4 HENDRA TOR VIEW might now be worth an estimated £311,710.

This is based on house price inflation of 19.9%, between October 2020 and December 2024, 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 19.9% inflationary increase is applied to the most recent sale price for 4 HENDRA TOR VIEW of £260,000 on 8th October 2020. For the value to have increased from £260,000 to £311,710 over the three years and ten months to December 2024, the following assumptions must hold true:

• The value of 4 HENDRA TOR VIEW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2020 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HENDRA TOR VIEW has not materially changed since October 2020.

How Large is 4 HENDRA TOR VIEW?

4 HENDRA TOR VIEW is 75m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses houses in Fivelanes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fivelanes, and where 4 HENDRA TOR VIEW lies on this distribution: Less than 1% of detached houses houses are smaller than 4 HENDRA TOR VIEW, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Fivelanes.

4 HENDRA TOR VIEW: Plot and Title Map

4 HENDRA TOR VIEW sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 4 HENDRA TOR VIEW, 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 4 HENDRA TOR VIEW). 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 4 HENDRA TOR VIEW?

4 HENDRA TOR VIEW is located in FIVE LANES, in the PL15 postcode district. The below map shows the position of No. 4 on HENDRA TOR VIEW.