DERAN, OAK LANE, WHITSTONE, HOLSWORTHY, EX22 6TH - £287,500

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.

DERAN is a small extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £286,250. It was last sold for £287,500 in May 2022, which was around 35% below the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

DERAN Sold Prices

Land registry data shows two sales for DERAN 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 DERAN 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
2022 27 MAY	£287,500	£439,140	35% below HPI
2015 24 JUL	£175,000	£301,783	42% below HPI

DERAN 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 DERAN sales from July 2015 and May 2022 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 July 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might DERAN be worth now?

DERAN might now be worth an estimated £286,250.

This is based on house price deflation of 0.4%, between May 2022 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 0.4% deflationary decrease is applied to the most recent sale price for DERAN of £287,500 on 27th May 2022. For the value to have decreased from £287,500 to £286,250 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of DERAN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2022 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of DERAN has not materially changed since May 2022.

How Large is DERAN?

DERAN is 107m², which includes four extensions, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses houses in Whitstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitstone, and where DERAN lies on this distribution: 23% of detached houses houses are smaller than DERAN, and 77% of houses are larger. Note that EPC data is not available for all properties in Whitstone.

DERAN: Plot and Title Map

DERAN sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of DERAN, 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 DERAN). 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 DERAN?

DERAN is located on OAK LANE in WHITSTONE, in the EX22 postcode district. The below map shows the position of DERAN on OAK LANE.