FAIRLAWNS, RIVERSIDE, LELANT, ST IVES, TR26 3DW - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

FAIRLAWNS is a very small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £295,000 in March 2014, which was around 5% above the average March 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was C.

FAIRLAWNS Sold Prices

Land registry data shows three sales for FAIRLAWNS 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 FAIRLAWNS 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
2014 3 MAR	£295,000	£280,896	5% above HPI
2000 8 NOV	£125,000	£122,731	2% above HPI
1998 17 JUL	£96,950	£90,125	8% above HPI

FAIRLAWNS 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 FAIRLAWNS sales between July 1998 and March 2014 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 November 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2014 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is FAIRLAWNS?

FAIRLAWNS is 91m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses in Lelant, based on EPC data. The below chart shows the distribution of detached houses by size in Lelant, and where FAIRLAWNS lies on this distribution: 15% of detached houses are smaller than FAIRLAWNS, and 85% of houses are larger. Note that EPC data is not available for all properties in Lelant.

FAIRLAWNS: Plot and Title Map

FAIRLAWNS sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of FAIRLAWNS, 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 FAIRLAWNS). 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 FAIRLAWNS?

FAIRLAWNS is located on RIVERSIDE in LELANT, in the TR26 postcode district. The below map shows the position of FAIRLAWNS on RIVERSIDE.