LAMORRAN, MERRITTS HILL, ILLOGAN, REDRUTH, TR16 4DF - £735,000

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

LAMORRAN is a very large extended detached house of 193m², built sometime between 1967 and 1975. It was last sold for £735,000 in June 2023, which was around 68% above the average June 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.

LAMORRAN Sold Prices

Land registry data shows two sales for LAMORRAN 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 LAMORRAN 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
2023 14 JUN	£735,000	£436,400	68% above HPI
1997 23 MAY	£89,950	£77,551	16% above HPI

LAMORRAN 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 LAMORRAN sales from May 1997 and June 2023 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 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2023 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is LAMORRAN?

LAMORRAN is 193m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 10% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where LAMORRAN lies on this distribution: 97% of detached houses are smaller than LAMORRAN, and 3% of houses are larger. Note that EPC data is not available for all properties in Illogan.

LAMORRAN: Plot and Title Map

LAMORRAN sits on a plot of roughly 0.346 of an acre, or 1,401m². The below map shows the location of LAMORRAN, 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 LAMORRAN). 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 LAMORRAN?

LAMORRAN is located on MERRITTS HILL in ILLOGAN, in the TR16 postcode district. The below map shows the position of LAMORRAN on MERRITTS HILL.