7, LANOWETH, PENRYN, TR10 8RP - £68,000

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

7 LANOWETH is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £68,000 in December 2013, which was around 75% below the average December 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

7 LANOWETH Sold Prices

Land registry data shows two sales for 7 LANOWETH 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 7 LANOWETH 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
2013 5 DEC	£68,000	£275,187	75% below HPI
1995 13 JUN	£49,000	£70,749	31% below HPI

7 LANOWETH 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 7 LANOWETH sales from June 1995 and December 2013 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 June 1995 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2013 sale, where it falls to 75% below the HPI. The line then continues to track at 75% below the HPI.

How Large is 7 LANOWETH?

7 LANOWETH is 62m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Penryn, based on EPC data. The below chart shows the distribution of detached houses by size in Penryn, and where 7 LANOWETH lies on this distribution: 4% of detached houses are smaller than 7 LANOWETH, and 95% of houses are larger. Note that EPC data is not available for all properties in Penryn.

7 LANOWETH: Plot and Title Map

7 LANOWETH sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 7 LANOWETH, 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 7 LANOWETH). 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 7 LANOWETH?

7 LANOWETH is located in PENRYN, in the TR10 postcode district. The below map shows the position of No. 7 on LANOWETH.