CROSSTREES, WATER LANE, GOLANT, FOWEY, PL23 1LG - £562,500

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.

CROSSTREES is a midsized extended detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £664,086. It was last sold for £562,500 in October 2020, which was around 52% above the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was D.

CROSSTREES Sold Prices

Land registry data shows three sales for CROSSTREES 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 CROSSTREES 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
2020 30 OCT	£562,500	£370,347	52% above HPI
2003 8 DEC	£395,000	£227,369	74% above HPI
1999 9 JUL	£190,000	£97,957	94% above HPI

CROSSTREES 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 CROSSTREES sales between July 1999 and October 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 2003 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the October 2020 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might CROSSTREES be worth now?

CROSSTREES might now be worth an estimated £664,086.

This is based on house price inflation of 18.1%, between October 2020 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 18.1% inflationary increase is applied to the most recent sale price for CROSSTREES of £562,500 on 30th October 2020. For the value to have increased from £562,500 to £664,086 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of CROSSTREES has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2020 sale price of £562,500 represented a fair market value for the property.
• The size, condition, and specification of CROSSTREES has not materially changed since October 2020.

How Large is CROSSTREES?

CROSSTREES is 146m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses houses in Golant, based on EPC data. The below chart shows the distribution of detached houses houses by size in Golant, and where CROSSTREES lies on this distribution: 57% of detached houses houses are smaller than CROSSTREES, and 43% of houses are larger. Note that EPC data is not available for all properties in Golant.

CROSSTREES: Plot and Title Map

CROSSTREES sits on a plot of roughly 0.208 of an acre, or 843m². The below map shows the location of CROSSTREES, 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 CROSSTREES). 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 CROSSTREES?

CROSSTREES is located on WATER LANE in GOLANT, in the PL23 postcode district. The below map shows the position of CROSSTREES on WATER LANE.