LYNHER OAK, NORTH HILL, LAUNCESTON, PL15 7PQ - £330,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

LYNHER OAK is a very large extended detached house of 258m², built sometime between 1983 and 1990. It was last sold for £330,000 in February 2006, which was around 29% above the average February 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was D.

LYNHER OAK Sold Prices

Land registry data shows three sales for LYNHER OAK 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 LYNHER OAK 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
2006 24 FEB	£330,000	£255,859	29% above HPI
2003 12 DEC	£295,000	£223,843	32% above HPI
1999 30 JUL	£165,000	£96,437	71% above HPI

LYNHER OAK 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 LYNHER OAK sales between July 1999 and February 2006 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 December 2003 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2006 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is LYNHER OAK?

LYNHER OAK is 258m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses in North Hill, based on EPC data. The below chart shows the distribution of detached houses by size in North Hill, and where LYNHER OAK lies on this distribution: 97% of detached houses are smaller than LYNHER OAK, and 3% of houses are larger. Note that EPC data is not available for all properties in North Hill.

LYNHER OAK: Plot and Title Map

LYNHER OAK sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of LYNHER OAK, 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 LYNHER OAK). 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 LYNHER OAK?

LYNHER OAK is located in NORTH HILL, in the PL15 postcode district. The below map shows the position of LYNHER OAK in NORTH HILL.