LANGWEATH, BELL VEOR, LANNER, REDRUTH, TR16 6AN - £362,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

LANGWEATH is a very large extended detached house of 280m², built sometime between 1976 and 1982. It was last sold for £362,000 in December 2017, which was around 12% above the average December 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was D.

LANGWEATH Sold Prices

Land registry data shows four sales for LANGWEATH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four LANGWEATH 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
2017 15 DEC	£362,000	£323,481	12% above HPI
2014 17 JAN	£295,000	£276,524	7% above HPI
2002 17 DEC	£249,950	£193,083	29% above HPI
1996 16 AUG	£109,950	£72,969	51% above HPI

LANGWEATH 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 four LANGWEATH sales between August 1996 and December 2017 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 January 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2017 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is LANGWEATH?

LANGWEATH is 280m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 10% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where LANGWEATH lies on this distribution: 99% of detached houses are smaller than LANGWEATH, and 1% of houses are larger. Note that EPC data is not available for all properties in Lanner.

LANGWEATH: Plot and Title Map

LANGWEATH sits on a plot of roughly 0.241 of an acre, or 977m². The below map shows the location of LANGWEATH, 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 LANGWEATH). 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 LANGWEATH?

LANGWEATH is located on BELL VEOR in LANNER, in the TR16 postcode district. The below map shows the position of LANGWEATH on BELL VEOR.