5, LOWERTOWN CLOSE, LANDRAKE, SALTASH, PL12 5DG - £105,000

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.

5 LOWERTOWN CLOSE is a very small detached house of 56m², built sometime between 1967 and 1975, which could now be worth an estimated £204,717. It was last sold for £105,000 in October 2003, which was around 53% below the average October 2003 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

5 LOWERTOWN CLOSE Sold Prices

Land registry data shows three sales for 5 LOWERTOWN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 5 LOWERTOWN 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
2003 21 OCT	£105,000	£224,257	53% below HPI
1999 23 JUL	£48,000	£97,957	51% below HPI
1997 26 FEB	£41,750	£78,773	47% below HPI

5 LOWERTOWN 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 three 5 LOWERTOWN CLOSE sales between February 1997 and October 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 July 1999 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2003 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 5 LOWERTOWN CLOSE be worth now?

5 LOWERTOWN CLOSE might now be worth an estimated £204,717.

This is based on house price inflation of 95%, between October 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 95% inflationary increase is applied to the most recent sale price for 5 LOWERTOWN CLOSE of £105,000 on 21st October 2003. For the value to have increased from £105,000 to £204,717 over the 22 years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 LOWERTOWN CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2003 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LOWERTOWN CLOSE has not materially changed since October 2003.

How Large is 5 LOWERTOWN CLOSE?

5 LOWERTOWN CLOSE is 56m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses houses in Landrake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Landrake, and where 5 LOWERTOWN CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 5 LOWERTOWN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Landrake.

5 LOWERTOWN CLOSE: Plot and Title Map

5 LOWERTOWN CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 5 LOWERTOWN 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 5 LOWERTOWN 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 5 LOWERTOWN CLOSE?

5 LOWERTOWN CLOSE is located in LANDRAKE, in the PL12 postcode district. The below map shows the position of No. 5 on LOWERTOWN CLOSE.