CROMARTY, PLAIDY, LOOE, PL13 1LF - £665,000

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.

CROMARTY is a very large detached house of 178m², built sometime from 2007 onwards, which could now be worth an estimated £933,786. It was last sold for £665,000 in November 2015, which was around 114% above the average November 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

CROMARTY Sold Prices

Land registry data shows two sales for CROMARTY 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 CROMARTY sales were 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
2015 9 NOV	£665,000	£311,376	114% above HPI
2006 5 MAY	£330,000	£272,057	21% above HPI

CROMARTY 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 CROMARTY sales from May 2006 and November 2015 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 May 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2015 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

What might CROMARTY be worth now?

CROMARTY might now be worth an estimated £933,786.

This is based on house price inflation of 40.4%, between November 2015 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 40.4% inflationary increase is applied to the most recent sale price for CROMARTY of £665,000 on 9th November 2015. For the value to have increased from £665,000 to £933,786 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of CROMARTY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2015 sale price of £665,000 represented a fair market value for the property.
• The size, condition, and specification of CROMARTY has not materially changed since November 2015.

How Large is CROMARTY?

CROMARTY is 178m² according to the EPC inspection conducted in April 2014. This puts it in the largest 20% of detached houses houses in Looe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Looe, and where CROMARTY lies on this distribution: 81% of detached houses houses are smaller than CROMARTY, and 19% of houses are larger. Note that EPC data is not available for all properties in Looe.

CROMARTY: Plot and Title Map

CROMARTY sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of CROMARTY, 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 CROMARTY). 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 CROMARTY?

CROMARTY is located in PLAIDY, in the PL13 postcode district. The below map shows the position of CROMARTY in PLAIDY.