7, REEDS PARK, LOSTWITHIEL, PL22 0HF - £302,500

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

7 REEDS PARK is a large extended detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £346,378. It was last sold for £302,500 in March 2021, which was around 21% below the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

7 REEDS PARK Sold Prices

Land registry data shows two sales for 7 REEDS PARK 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 REEDS PARK 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
2021 1 MAR	£302,500	£381,844	21% below HPI
2001 14 SEP	£118,000	£139,082	15% below HPI

7 REEDS PARK 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 REEDS PARK sales from September 2001 and March 2021 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 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 7 REEDS PARK be worth now?

7 REEDS PARK might now be worth an estimated £346,378.

This is based on house price inflation of 14.5%, between March 2021 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 14.5% inflationary increase is applied to the most recent sale price for 7 REEDS PARK of £302,500 on 1st March 2021. For the value to have increased from £302,500 to £346,378 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 7 REEDS PARK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2021 sale price of £302,500 represented a fair market value for the property.
• The size, condition, and specification of 7 REEDS PARK has not materially changed since March 2021.

How Large is 7 REEDS PARK?

7 REEDS PARK is 130m², which includes one extension, according to the EPC inspection conducted in December 2023. This puts it in the largest 40% of detached houses houses in Lostwithiel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lostwithiel, and where 7 REEDS PARK lies on this distribution: 65% of detached houses houses are smaller than 7 REEDS PARK, and 34% of houses are larger. Note that EPC data is not available for all properties in Lostwithiel.

7 REEDS PARK: Plot and Title Map

7 REEDS PARK sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 7 REEDS PARK, 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 REEDS PARK). 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 REEDS PARK?

7 REEDS PARK is located in LOSTWITHIEL, in the PL22 postcode district. The below map shows the position of No. 7 on REEDS PARK.