LANARTH, FOUR LANES, REDRUTH, TR16 6PY - £230,000

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.

LANARTH is a midsized extended detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £287,683. It was last sold for £230,000 in November 2019, which was around 34% below the average November 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

LANARTH Sold Prices

Land registry data shows three sales for LANARTH 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 LANARTH 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
2019 22 NOV	£230,000	£349,562	34% below HPI
2002 28 MAR	£108,000	£151,663	29% below HPI
1999 5 NOV	£74,950	£103,500	28% below HPI

LANARTH 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 LANARTH sales between November 1999 and November 2019 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 March 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might LANARTH be worth now?

LANARTH might now be worth an estimated £287,683.

This is based on house price inflation of 25.1%, between November 2019 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 25.1% inflationary increase is applied to the most recent sale price for LANARTH of £230,000 on 22nd November 2019. For the value to have increased from £230,000 to £287,683 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of LANARTH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of LANARTH has not materially changed since November 2019.

How Large is LANARTH?

LANARTH is 75m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of detached houses houses in Four Lanes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Four Lanes, and where LANARTH lies on this distribution: 45% of detached houses houses are smaller than LANARTH, and 55% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

LANARTH: Plot and Title Map

LANARTH sits on a plot of roughly 93.1 acres, or 376,899m². The below map shows the location of LANARTH, 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 LANARTH). 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 LANARTH?

LANARTH is located in FOUR LANES, in the TR16 postcode district. The below map shows the position of LANARTH in FOUR LANES.