LANSING, CASTLE DRIVE, PRAA SANDS, PENZANCE, TR20 9TG - £190,000

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

LANSING is a large extended detached house of 151m², built sometime between 1967 and 1975. It was last sold for £190,000 in February 2014, which was around 32% below the average February 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2023, where the current energy rating was F, and the potential energy rating was C.

LANSING Sold Prices

Land registry data shows two sales for LANSING 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 LANSING 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
2014 24 FEB	£190,000	£278,574	32% below HPI
2003 8 SEP	£170,000	£218,085	22% below HPI

LANSING 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 LANSING sales from September 2003 and February 2014 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 September 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is LANSING?

LANSING is 151m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses in Praa Sands, based on EPC data. The below chart shows the distribution of detached houses by size in Praa Sands, and where LANSING lies on this distribution: 64% of detached houses are smaller than LANSING, and 35% of houses are larger. Note that EPC data is not available for all properties in Praa Sands.

LANSING: Plot and Title Map

LANSING sits on a plot of roughly 351.5 acres, or 1,422,640m². The below map shows the location of LANSING, 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 LANSING). 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 LANSING?

LANSING is located on CASTLE DRIVE in PRAA SANDS, in the TR20 postcode district. The below map shows the position of LANSING on CASTLE DRIVE.