4, PENTREATH CLOSE, LANNER, REDRUTH, TR16 6LD - £390,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

4 PENTREATH CLOSE is a large detached house of 104m², built sometime between 2003 and 2006. It was last sold for £390,000 in May 2022, which was around 10% below the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

4 PENTREATH CLOSE Sold Prices

Land registry data shows two sales for 4 PENTREATH CLOSE 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 4 PENTREATH CLOSE 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 18 MAY	£390,000	£433,198	10% below HPI
2005 18 NOV	£247,500	£261,758	5% below HPI

4 PENTREATH CLOSE 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 4 PENTREATH CLOSE sales from November 2005 and May 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 November 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 PENTREATH CLOSE?

4 PENTREATH CLOSE is 104m² according to the EPC inspection conducted in January 2022. This puts it in the largest 40% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where 4 PENTREATH CLOSE lies on this distribution: 63% of detached houses are smaller than 4 PENTREATH CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Lanner.

4 PENTREATH CLOSE: Plot and Title Map

4 PENTREATH CLOSE sits on a plot of roughly 0.950 of an acre, or 3,845m². The below map shows the location of 4 PENTREATH CLOSE, 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 PENTREATH CLOSE). 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 PENTREATH CLOSE?

4 PENTREATH CLOSE is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 4 on PENTREATH CLOSE.