COLAN, MANELEY WAY, CALLINGTON, PL17 8AR - £241,500

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.

COLAN is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £391,247. It was last sold for £241,500 in October 2012, which was around 11% below the average October 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2011, where the current energy rating was F, and the potential energy rating was E.

COLAN Sold Prices

Land registry data shows two sales for COLAN since 1^st 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 COLAN 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
2012 11 OCT	£241,500	£269,884	11% below HPI
2012 24 FEB	£195,000	£277,914	30% below HPI

COLAN 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 two COLAN sales from February 2012 and October 2012 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 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2012 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might COLAN be worth now?

COLAN might now be worth an estimated £391,247.

This is based on house price inflation of 62%, between October 2012 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 62% inflationary increase is applied to the most recent sale price for COLAN of £241,500 on 11th October 2012. For the value to have increased from £241,500 to £391,247 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of COLAN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2012 sale price of £241,500 represented a fair market value for the property.
• The size, condition, and specification of COLAN has not materially changed since October 2012.

How Large is COLAN?

COLAN is 70m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Harrowbarrow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harrowbarrow, and where COLAN lies on this distribution: 3% of detached houses houses are smaller than COLAN, and 97% of houses are larger. Note that EPC data is not available for all properties in Harrowbarrow.

COLAN: Plot and Title Map

COLAN sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of COLAN, 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 COLAN). 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 COLAN?

COLAN is located on MANELEY WAY in CALLINGTON, in the PL17 postcode district. The below map shows the position of COLAN on MANELEY WAY.