BERLEWEN, HIGHER PENNANCE, LANNER, REDRUTH, TR16 5TQ - £325,000

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.

BERLEWEN is a large extended detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £330,708. It was last sold for £325,000 in April 2024, which was around 24% below the average April 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was D.

BERLEWEN Sold Prices

Land registry data shows three sales for BERLEWEN 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. All of the three BERLEWEN 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
2024 5 APR	£325,000	£429,685	24% below HPI
2020 20 FEB	£250,000	£344,493	27% below HPI
2018 13 JUL	£138,000	£335,551	59% below HPI

BERLEWEN 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 BERLEWEN sales between July 2018 and April 2024 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 February 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might BERLEWEN be worth now?

BERLEWEN might now be worth an estimated £330,708.

This is based on house price inflation of 1.8%, between April 2024 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 1.8% inflationary increase is applied to the most recent sale price for BERLEWEN of £325,000 on 5th April 2024. For the value to have increased from £325,000 to £330,708 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of BERLEWEN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of BERLEWEN has not materially changed since April 2024.

How Large is BERLEWEN?

BERLEWEN is 107m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 40% of detached houses houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lanner, and where BERLEWEN lies on this distribution: 65% of detached houses houses are smaller than BERLEWEN, and 34% of houses are larger. Note that EPC data is not available for all properties in Lanner.

BERLEWEN: Plot and Title Map

BERLEWEN sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of BERLEWEN, 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 BERLEWEN). 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 BERLEWEN?

BERLEWEN is located on HIGHER PENNANCE in LANNER, in the TR16 postcode district. The below map shows the position of BERLEWEN on HIGHER PENNANCE.