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
8 LOVE LANE is a very large extended detached house of 184m², built sometime between 1930 and 1949. It was last sold for £400,000 in January 2006, which was around 56% above the average January 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 8 LOVE LANE since 1st 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 LOVE 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 |
---|---|---|---|
2006 13 JAN | £400,000 | £257,144 | 56% above HPI |
1996 5 NOV | £110,000 | £75,607 | 45% above HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 8 LOVE LANE sales from November 1996 and January 2006 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 1996 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the January 2006 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.
8 LOVE LANE is 184m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 10% of detached houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses by size in Hayle, and where 8 LOVE LANE lies on this distribution: 95% of detached houses are smaller than 8 LOVE LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Hayle.
8 LOVE LANE sits on a plot of roughly 0.785 of an acre, or 3,178m². The below map shows the location of 8 LOVE 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 LOVE 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.
8 LOVE LANE is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 8 on LOVE LANE.