7, THE ORCHARD, LOOE, PL13 1AF - £345,000

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 THE ORCHARD is a small extended detached house of 97m², built sometime between 2007 and 2011. It was last sold for £345,000 in June 2024, which was around 20% below the average June 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

7 THE ORCHARD Sold Prices

Land registry data shows four sales for 7 THE ORCHARD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 7 THE ORCHARD 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
2024 7 JUN	£345,000	£432,038	20% below HPI
2017 25 JAN	£247,500	£307,685	20% below HPI
2014 1 SEP	£240,000	£290,112	17% below HPI
2009 18 DEC	£209,950	£266,202	21% below HPI

7 THE ORCHARD 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 four 7 THE ORCHARD sales between December 2009 and June 2024 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 January 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2024 sale, which was also at 20% below the HPI.

How Large is 7 THE ORCHARD?

7 THE ORCHARD is 97m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses in Looe, based on EPC data. The below chart shows the distribution of detached houses by size in Looe, and where 7 THE ORCHARD lies on this distribution: 34% of detached houses are smaller than 7 THE ORCHARD, and 65% of houses are larger. Note that EPC data is not available for all properties in Looe.

7 THE ORCHARD: Plot and Title Map

7 THE ORCHARD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 7 THE ORCHARD, 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 THE ORCHARD). 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 THE ORCHARD?

7 THE ORCHARD is located in LOOE, in the PL13 postcode district. The below map shows the position of No. 7 on THE ORCHARD.