8, LANKELLY LANE, FOWEY, PL23 1HN - £370,000

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

8 LANKELLY LANE is a very large extended detached house of 181m², built sometime between 1967 and 1975. It was last sold for £370,000 in November 2005, which was around 39% above the average November 2005 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

8 LANKELLY LANE Sold Prices

Land registry data shows three sales for 8 LANKELLY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The three 8 LANKELLY LANE sales were a mix of above the average price, and roughly equal to 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
2005 15 NOV	£370,000	£265,882	39% above HPI
2001 29 AUG	£185,000	£134,051	38% above HPI
1999 13 APR	£95,000	£94,624	Close to HPI

8 LANKELLY LANE 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 three 8 LANKELLY LANE sales between April 1999 and November 2005 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 August 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2005 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 8 LANKELLY LANE be worth now?

8 LANKELLY LANE might now be worth an estimated £617,872.

This is based on house price inflation of 67%, between November 2005 and December 2024, 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 67% inflationary increase is applied to the most recent sale price for 8 LANKELLY LANE of £370,000 on 15th November 2005. For the value to have increased from £370,000 to £617,872 over the eighteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of 8 LANKELLY LANE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2005 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LANKELLY LANE has not materially changed since November 2005.

How Large is 8 LANKELLY LANE?

8 LANKELLY LANE is 181m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 20% of detached houses houses in Fowey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fowey, and where 8 LANKELLY LANE lies on this distribution: 84% of detached houses houses are smaller than 8 LANKELLY LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Fowey.

8 LANKELLY LANE: Plot and Title Map

8 LANKELLY LANE sits on a plot of roughly 0.218 of an acre, or 884m². The below map shows the location of 8 LANKELLY LANE, 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 8 LANKELLY LANE). 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 8 LANKELLY LANE?

8 LANKELLY LANE is located in FOWEY, in the PL23 postcode district. The below map shows the position of No. 8 on LANKELLY LANE.