LANNANT, FORE STREET, LELANT, ST IVES, TR26 3JP - £285,000

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.

LANNANT is a very small extended detached house of 85m², built sometime before 1900, which could now be worth an estimated £345,789. It was last sold for £285,000 in September 2020, which was around 21% below the average September 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was B.

LANNANT Sold Prices

Land registry data shows three sales for LANNANT 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 LANNANT 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
2020 8 SEP	£285,000	£360,367	21% below HPI
2018 2 JUL	£259,000	£335,551	23% below HPI
2006 12 MAY	£155,000	£272,057	43% below HPI

LANNANT 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 LANNANT sales between May 2006 and September 2020 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 July 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might LANNANT be worth now?

LANNANT might now be worth an estimated £345,789.

This is based on house price inflation of 21.3%, between September 2020 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 21.3% inflationary increase is applied to the most recent sale price for LANNANT of £285,000 on 8th September 2020. For the value to have increased from £285,000 to £345,789 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of LANNANT has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2020 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of LANNANT has not materially changed since September 2020.

How Large is LANNANT?

LANNANT is 85m², which includes three extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses houses in Lelant, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lelant, and where LANNANT lies on this distribution: 8% of detached houses houses are smaller than LANNANT, and 92% of houses are larger. Note that EPC data is not available for all properties in Lelant.

LANNANT: Plot and Title Map

LANNANT sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of LANNANT, 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 LANNANT). 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 LANNANT?

LANNANT is located on FORE STREET in LELANT, in the TR26 postcode district. The below map shows the position of LANNANT on FORE STREET.