CARISA, CLEVELAND AVENUE, LOOE, PL13 1JU - £335,000

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

CARISA is a small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £335,000 in June 2020, which was around 1% below the average June 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

CARISA Sold Prices

Land registry data shows three sales for CARISA 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. Two of the three CARISA sales were for below the average price, whilst one was 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
2020 26 JUN	£335,000	£338,993	1% below HPI
2018 14 DEC	£270,000	£335,595	20% below HPI
1997 17 APR	£78,500	£77,715	1% above HPI

CARISA 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 CARISA sales between April 1997 and June 2020 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 December 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is CARISA?

CARISA is 94m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 40% of detached houses in Looe, based on EPC data. The below chart shows the distribution of detached houses by size in Looe, and where CARISA lies on this distribution: 30% of detached houses are smaller than CARISA, and 69% of houses are larger. Note that EPC data is not available for all properties in Looe.

CARISA: Plot and Title Map

CARISA sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of CARISA, 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 CARISA). 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 CARISA?

CARISA is located on CLEVELAND AVENUE in LOOE, in the PL13 postcode district. The below map shows the position of CARISA on CLEVELAND AVENUE.