8, LETHLEAN LANE, PHILLACK, HAYLE, TR27 5AW - £545,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 LETHLEAN LANE is a very large extended detached house of 155m², built sometime before 1900, which could now be worth an estimated £762,550. It was last sold for £545,000 in November 2016, which was around 74% above the average November 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

8 LETHLEAN LANE Sold Prices

Land registry data shows two sales for 8 LETHLEAN LANE 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 8 LETHLEAN LANE sales were for above 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
2016 29 NOV	£545,000	£312,492	74% above HPI
2000 27 NOV	£215,000	£124,665	72% above HPI

8 LETHLEAN 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 two 8 LETHLEAN LANE sales from November 2000 and November 2016 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 November 2000 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the November 2016 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 8 LETHLEAN LANE be worth now?

8 LETHLEAN LANE might now be worth an estimated £762,550.

This is based on house price inflation of 39.9%, between November 2016 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 39.9% inflationary increase is applied to the most recent sale price for 8 LETHLEAN LANE of £545,000 on 29th November 2016. For the value to have increased from £545,000 to £762,550 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 LETHLEAN LANE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2016 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LETHLEAN LANE has not materially changed since November 2016.

How Large is 8 LETHLEAN LANE?

8 LETHLEAN LANE is 155m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 20% of detached houses houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hayle, and where 8 LETHLEAN LANE lies on this distribution: 90% of detached houses houses are smaller than 8 LETHLEAN LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Hayle.

8 LETHLEAN LANE: Plot and Title Map

8 LETHLEAN LANE sits on a plot of roughly 1.2 acres, or 4,811m². The below map shows the location of 8 LETHLEAN 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 LETHLEAN 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 LETHLEAN LANE?

8 LETHLEAN LANE is located in PHILLACK, in the TR27 postcode district. The below map shows the position of No. 8 on LETHLEAN LANE.