CARRICK HOUSE, PENNANCE ROAD, LANNER, REDRUTH, TR16 5TF - £340,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

CARRICK HOUSE is a large extended detached house of 120m², built sometime before 1900. It was last sold for £340,000 in April 2018, which was around 5% above the average April 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was F, and the potential energy rating was C.

CARRICK HOUSE Sold Prices

Land registry data shows five sales for CARRICK HOUSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the five CARRICK HOUSE 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
2018 30 APR	£340,000	£323,926	5% above HPI
2014 7 APR	£260,000	£281,215	8% below HPI
2013 14 JUN	£250,000	£272,671	8% below HPI
2007 1 JUN	£245,000	£286,937	15% below HPI
2005 24 JUN	£245,000	£258,643	5% below HPI

CARRICK HOUSE 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 five CARRICK HOUSE sales between June 2005 and April 2018 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 April 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is CARRICK HOUSE?

CARRICK HOUSE is 120m², which includes three extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 30% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where CARRICK HOUSE lies on this distribution: 73% of detached houses are smaller than CARRICK HOUSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Lanner.

CARRICK HOUSE: Plot and Title Map

CARRICK HOUSE sits on a plot of roughly 0.180 of an acre, or 726m². The below map shows the location of CARRICK HOUSE, 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 CARRICK HOUSE). 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 CARRICK HOUSE?

CARRICK HOUSE is located on PENNANCE ROAD in LANNER, in the TR16 postcode district. The below map shows the position of CARRICK HOUSE on PENNANCE ROAD.