7, VALLEY VIEW ESTATE, LANNER, REDRUTH, TR16 5TE - £275,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

7 VALLEY VIEW ESTATE is a small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £275,000 in September 2023, which was around 38% below the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was B.

7 VALLEY VIEW ESTATE Sold Prices

Land registry data shows two sales for 7 VALLEY VIEW ESTATE 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 VALLEY VIEW ESTATE 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 28 SEP	£275,000	£446,312	38% below HPI
1995 13 APR	£38,000	£70,415	46% below HPI

7 VALLEY VIEW ESTATE 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 VALLEY VIEW ESTATE sales from April 1995 and September 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 April 1995 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2023 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 7 VALLEY VIEW ESTATE?

7 VALLEY VIEW ESTATE is 77m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where 7 VALLEY VIEW ESTATE lies on this distribution: 26% of detached houses are smaller than 7 VALLEY VIEW ESTATE, and 74% of houses are larger. Note that EPC data is not available for all properties in Lanner.

7 VALLEY VIEW ESTATE: Plot and Title Map

7 VALLEY VIEW ESTATE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 7 VALLEY VIEW ESTATE, 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 VALLEY VIEW ESTATE). 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 VALLEY VIEW ESTATE?

7 VALLEY VIEW ESTATE is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 7 on VALLEY VIEW ESTATE.