4, SUMMER LANE, PELYNT, LOOE, PL13 2LP - £250,000

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.

4 SUMMER LANE is a very large detached house of 141m², built sometime between 1983 and 1990, which could now be worth an estimated £480,973. It was last sold for £250,000 in November 2003, which was around 10% above the average November 2003 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

4 SUMMER LANE Sold Prices

Land registry data shows two sales for 4 SUMMER 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. One of the two 4 SUMMER LANE sales was for above the average price, whilst the other was 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
2003 14 NOV	£250,000	£227,264	10% above HPI
1999 15 SEP	£95,000	£100,296	5% below HPI

4 SUMMER 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 4 SUMMER LANE sales from September 1999 and November 2003 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 September 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2003 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 4 SUMMER LANE be worth now?

4 SUMMER LANE might now be worth an estimated £480,973.

This is based on house price inflation of 92.4%, between November 2003 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 92.4% inflationary increase is applied to the most recent sale price for 4 SUMMER LANE of £250,000 on 14th November 2003. For the value to have increased from £250,000 to £480,973 over the 22 years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 SUMMER LANE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2003 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SUMMER LANE has not materially changed since November 2003.

How Large is 4 SUMMER LANE?

4 SUMMER LANE is 141m² according to the EPC inspection conducted in November 2012. 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 4 SUMMER LANE lies on this distribution: 87% of detached houses houses are smaller than 4 SUMMER LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Pelynt.

4 SUMMER LANE: Plot and Title Map

4 SUMMER LANE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 4 SUMMER 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 4 SUMMER 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 4 SUMMER LANE?

4 SUMMER LANE is located in PELYNT, in the PL13 postcode district. The below map shows the position of No. 4 on SUMMER LANE.