6, LAMANVA CLOSE, ILLOGAN, REDRUTH, TR16 4EW - £316,000

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

6 LAMANVA CLOSE is a small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £311,106. It was last sold for £316,000 in August 2023, which was around 30% below the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2023, where the current energy rating was C, and the potential energy rating was B.

6 LAMANVA CLOSE Sold Prices

Land registry data shows three sales for 6 LAMANVA 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 6 LAMANVA 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
2023 21 AUG	£316,000	£450,988	30% below HPI
2012 11 OCT	£185,000	£269,884	31% below HPI
2001 23 AUG	£110,000	£134,051	18% below HPI

6 LAMANVA 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 6 LAMANVA CLOSE sales between August 2001 and August 2023 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 October 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 6 LAMANVA CLOSE be worth now?

6 LAMANVA CLOSE might now be worth an estimated £311,106.

This is based on house price deflation of 1.5%, between August 2023 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 1.5% deflationary decrease is applied to the most recent sale price for 6 LAMANVA CLOSE of £316,000 on 21st August 2023. For the value to have decreased from £316,000 to £311,106 over the eight months to December 2024, the following assumptions must hold true:

• The value of 6 LAMANVA CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2023 sale price of £316,000 represented a fair market value for the property.
• The size, condition, and specification of 6 LAMANVA CLOSE has not materially changed since August 2023.

How Large is 6 LAMANVA CLOSE?

6 LAMANVA CLOSE is 78m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 30% of detached houses houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Illogan, and where 6 LAMANVA CLOSE lies on this distribution: 26% of detached houses houses are smaller than 6 LAMANVA CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Illogan.

6 LAMANVA CLOSE: Plot and Title Map

6 LAMANVA CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 6 LAMANVA 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 6 LAMANVA 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 6 LAMANVA CLOSE?

6 LAMANVA CLOSE is located in ILLOGAN, in the TR16 postcode district. The below map shows the position of No. 6 on LAMANVA CLOSE.