LANCREST, THE DRANG, INDIAN QUEENS, ST COLUMB, TR9 6PN - £225,000

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

LANCREST is a small extended detached house of 81m², built sometime between 1900 and 1929. It was last sold for £225,000 in February 2022, which was around 47% below the average February 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

LANCREST Sold Prices

Land registry data shows two sales for LANCREST 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 LANCREST 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 8 FEB	£225,000	£420,570	47% below HPI
2014 17 DEC	£140,000	£289,231	52% below HPI

LANCREST 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 LANCREST sales from December 2014 and February 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 December 2014 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the February 2022 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is LANCREST?

LANCREST is 81m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Indian Queens, based on EPC data. The below chart shows the distribution of detached houses by size in Indian Queens, and where LANCREST lies on this distribution: 25% of detached houses are smaller than LANCREST, and 75% of houses are larger. Note that EPC data is not available for all properties in Indian Queens.

LANCREST: Plot and Title Map

LANCREST sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of LANCREST, 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 LANCREST). 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 LANCREST?

LANCREST is located on THE DRANG in INDIAN QUEENS, in the TR9 postcode district. The below map shows the position of LANCREST on THE DRANG.