LUDSTONE, PENWARTHA, COVERACK, HELSTON, TR12 6RS - £268,450

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LUDSTONE is a midsized extended detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £378,427. It was last sold for £268,450 in October 2015, which was around 13% below the average October 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

LUDSTONE Sold Prices

Land registry data shows two sales for LUDSTONE 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. One of the two LUDSTONE sales was for below the average price, whilst the other was 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
2015 7 OCT	£268,450	£310,165	13% below HPI
1998 12 NOV	£114,000	£92,806	23% above HPI

LUDSTONE 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 LUDSTONE sales from November 1998 and October 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 November 1998 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might LUDSTONE be worth now?

LUDSTONE might now be worth an estimated £378,427.

This is based on house price inflation of 41%, between October 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 41% inflationary increase is applied to the most recent sale price for LUDSTONE of £268,450 on 7th October 2015. For the value to have increased from £268,450 to £378,427 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of LUDSTONE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2015 sale price of £268,450 represented a fair market value for the property.
• The size, condition, and specification of LUDSTONE has not materially changed since October 2015.

How Large is LUDSTONE?

LUDSTONE is 122m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses houses in Coverack, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coverack, and where LUDSTONE lies on this distribution: 49% of detached houses houses are smaller than LUDSTONE, and 51% of houses are larger. Note that EPC data is not available for all properties in Coverack.

LUDSTONE: Plot and Title Map

LUDSTONE sits on a plot of roughly 0.154 of an acre, or 624m². The below map shows the location of LUDSTONE, 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 LUDSTONE). 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 LUDSTONE?

LUDSTONE is located on PENWARTHA in COVERACK, in the TR12 postcode district. The below map shows the position of LUDSTONE on PENWARTHA.