LONG REACH, DARLOE LANE, LOOE, PL13 2BG - £325,000

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.

LONG REACH is a small detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £471,323. It was last sold for £325,000 in June 2015, which was around 8% above the average June 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was C.

LONG REACH Sold Prices

Land registry data shows three sales for LONG REACH 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. One of the three LONG REACH sales was for above the average price, whilst two 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
2015 19 JUN	£325,000	£301,492	8% above HPI
2009 11 JUN	£210,000	£255,015	18% below HPI
2000 20 SEP	£40,600	£123,015	67% below HPI

LONG REACH 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 LONG REACH sales between September 2000 and June 2015 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 June 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2015 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might LONG REACH be worth now?

LONG REACH might now be worth an estimated £471,323.

This is based on house price inflation of 45%, between June 2015 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 45% inflationary increase is applied to the most recent sale price for LONG REACH of £325,000 on 19th June 2015. For the value to have increased from £325,000 to £471,323 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of LONG REACH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of LONG REACH has not materially changed since June 2015.

How Large is LONG REACH?

LONG REACH is 100m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% of detached houses houses in Looe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Looe, and where LONG REACH lies on this distribution: 36% of detached houses houses are smaller than LONG REACH, and 64% of houses are larger. Note that EPC data is not available for all properties in Looe.

LONG REACH: Plot and Title Map

LONG REACH sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of LONG REACH, 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 LONG REACH). 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 LONG REACH?

LONG REACH is located on DARLOE LANE in LOOE, in the PL13 postcode district. The below map shows the position of LONG REACH on DARLOE LANE.