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
9 LUSART DRIVE is a large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £275,000 in February 2021, which was around 27% below the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 9 LUSART DRIVE since 1st 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. All of the three 9 LUSART DRIVE 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 |
---|---|---|---|
2021 17 FEB | £275,000 | £378,711 | 27% below HPI |
2007 20 JUL | £269,000 | £290,664 | 7% below HPI |
2003 25 APR | £189,950 | £201,318 | 6% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 9 LUSART DRIVE sales between April 2003 and February 2021 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 July 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
9 LUSART DRIVE is 131m² according to the EPC inspection conducted in May 2009. This puts it in the largest 40% of detached houses in Lizard, based on EPC data. The below chart shows the distribution of detached houses by size in Lizard, and where 9 LUSART DRIVE lies on this distribution: 61% of detached houses are smaller than 9 LUSART DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Lizard.
9 LUSART DRIVE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 9 LUSART DRIVE, 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 9 LUSART DRIVE). 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.
9 LUSART DRIVE is located in THE LIZARD, in the TR12 postcode district. The below map shows the position of No. 9 on LUSART DRIVE.