7A, PENTREATH TERRACE, LANNER, REDRUTH, TR16 6HP - £168,000

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

7A PENTREATH TERRACE is a very small extended detached house of 59m², built sometime before 1900. It was last sold for £168,000 in May 2019, which was around 49% below the average May 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.

7A PENTREATH TERRACE Sold Prices

Land registry data shows two sales for 7A PENTREATH TERRACE 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 7A PENTREATH TERRACE 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
2019 22 MAY	£168,000	£329,130	49% below HPI
2007 18 SEP	£198,150	£300,052	34% below HPI

7A PENTREATH TERRACE 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 7A PENTREATH TERRACE sales from September 2007 and May 2019 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 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 7A PENTREATH TERRACE?

7A PENTREATH TERRACE is 59m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where 7A PENTREATH TERRACE lies on this distribution: 8% of detached houses are smaller than 7A PENTREATH TERRACE, and 92% of houses are larger. Note that EPC data is not available for all properties in Lanner.

7A PENTREATH TERRACE: Plot and Title Map

7A PENTREATH TERRACE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 7A PENTREATH TERRACE, 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 7A PENTREATH TERRACE). 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 7A PENTREATH TERRACE?

7A PENTREATH TERRACE is located in LANNER, in the TR16 postcode district. The below map shows the position of No. 7A on PENTREATH TERRACE.