LAMBS BARN, LANKELLY LANE, FOWEY, PL23 1HN - £455,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LAMBS BARN is a very large extended detached house of 176m², built sometime between 1930 and 1949. It was last sold for £455,000 in April 2018, which was around 38% above the average April 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was D.

LAMBS BARN Sold Prices

Land registry data shows two sales for LAMBS BARN 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 LAMBS BARN 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
2018 26 APR	£455,000	£329,029	38% above HPI
1997 29 AUG	£146,500	£84,600	73% above HPI

LAMBS BARN 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 LAMBS BARN sales from August 1997 and April 2018 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 August 1997 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the April 2018 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might LAMBS BARN be worth now?

LAMBS BARN might now be worth an estimated £613,993.

This is based on house price inflation of 34.9%, between April 2018 and December 2024, 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 34.9% inflationary increase is applied to the most recent sale price for LAMBS BARN of £455,000 on 26th April 2018. For the value to have increased from £455,000 to £613,993 over the five years and four months to December 2024, the following assumptions must hold true:

• The value of LAMBS BARN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2018 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of LAMBS BARN has not materially changed since April 2018.

How Large is LAMBS BARN?

LAMBS BARN is 176m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 20% of detached houses houses in Fowey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fowey, and where LAMBS BARN lies on this distribution: 81% of detached houses houses are smaller than LAMBS BARN, and 19% of houses are larger. Note that EPC data is not available for all properties in Fowey.

LAMBS BARN: Plot and Title Map

LAMBS BARN sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of LAMBS BARN, 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 LAMBS BARN). 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 LAMBS BARN?

LAMBS BARN is located on LANKELLY LANE in FOWEY, in the PL23 postcode district. The below map shows the position of LAMBS BARN on LANKELLY LANE.