6, MAY GARDENS, LANNER, REDRUTH, TR16 6AR - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 MAY GARDENS is a very small detached house of 64m², built sometime between 1967 and 1975. It was last sold for £215,000 in March 2020, which was around 37% below the average March 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

6 MAY GARDENS Sold Prices

Land registry data shows two sales for 6 MAY GARDENS 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 6 MAY GARDENS 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
2020 27 MAR	£215,000	£342,697	37% below HPI
2003 18 JUL	£135,000	£214,306	37% below HPI

6 MAY GARDENS 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 6 MAY GARDENS sales from July 2003 and March 2020 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 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2020 sale, which was also at 37% below the HPI.

How Large is 6 MAY GARDENS?

6 MAY GARDENS is 64m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where 6 MAY GARDENS lies on this distribution: 12% of detached houses are smaller than 6 MAY GARDENS, and 86% of houses are larger. Note that EPC data is not available for all properties in Lanner.

6 MAY GARDENS: Plot and Title Map

6 MAY GARDENS sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 6 MAY GARDENS, 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 MAY GARDENS). 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 MAY GARDENS?

6 MAY GARDENS is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 6 on MAY GARDENS.