LANGUM, UNITY ROAD, PORTHLEVEN, HELSTON, TR13 9DA - £339,000

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

LANGUM is a midsized extended detached house of 97m², built sometime before 1900. It was last sold for £339,000 in November 2023, which was around 23% below the average November 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was C.

LANGUM Sold Prices

Land registry data shows two sales for LANGUM 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 LANGUM 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
2023 24 NOV	£339,000	£440,879	23% below HPI
2018 3 OCT	£180,000	£336,290	46% below HPI

LANGUM 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 LANGUM sales from October 2018 and November 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 October 2018 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is LANGUM?

LANGUM is 97m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses in Porthleven, based on EPC data. The below chart shows the distribution of detached houses by size in Porthleven, and where LANGUM lies on this distribution: 56% of detached houses are smaller than LANGUM, and 43% of houses are larger. Note that EPC data is not available for all properties in Porthleven.

LANGUM: Plot and Title Map

LANGUM sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of LANGUM, 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 LANGUM). 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 LANGUM?

LANGUM is located on UNITY ROAD in PORTHLEVEN, in the TR13 postcode district. The below map shows the position of LANGUM on UNITY ROAD.