42, BELL LANE, LANNER, REDRUTH, TR16 6AP - £230,000

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

42 BELL LANE is a midsized extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £230,000 in October 2016, which was around 25% below the average October 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2016, where the current energy rating was F, and the potential energy rating was A.

42 BELL LANE Sold Prices

Land registry data shows two sales for 42 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 42 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
2016 7 OCT	£230,000	£304,899	25% below HPI
2002 2 SEP	£151,750	£175,013	13% below HPI

42 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 42 BELL LANE sales from September 2002 and October 2016 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 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 42 BELL LANE?

42 BELL LANE is 85m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where 42 BELL LANE lies on this distribution: 43% of detached houses are smaller than 42 BELL LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Lanner.

42 BELL LANE: Plot and Title Map

42 BELL LANE sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 42 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 42 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 42 BELL LANE?

42 BELL LANE is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 42 on BELL LANE.