LYNWOOD, MILL LANE, GRAMPOUND, TRURO, TR2 4RU - £387,500

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.

LYNWOOD is a midsized extended detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £443,707. It was last sold for £387,500 in March 2021, which was around 1% above the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

LYNWOOD Sold Prices

Land registry data shows three sales for LYNWOOD 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. Two of the three LYNWOOD sales were for above the average price, whilst one was 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
2021 12 MAR	£387,500	£381,844	1% above HPI
2015 13 NOV	£332,000	£311,376	7% above HPI
2009 30 OCT	£249,950	£264,860	6% below HPI

LYNWOOD 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 LYNWOOD sales between October 2009 and March 2021 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 2015 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2021 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might LYNWOOD be worth now?

LYNWOOD might now be worth an estimated £443,707.

This is based on house price inflation of 14.5%, between March 2021 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 14.5% inflationary increase is applied to the most recent sale price for LYNWOOD of £387,500 on 12th March 2021. For the value to have increased from £387,500 to £443,707 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of LYNWOOD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2021 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of LYNWOOD has not materially changed since March 2021.

How Large is LYNWOOD?

LYNWOOD is 133m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% of detached houses houses in Grampound, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grampound, and where LYNWOOD lies on this distribution: 56% of detached houses houses are smaller than LYNWOOD, and 44% of houses are larger. Note that EPC data is not available for all properties in Grampound.

LYNWOOD: Plot and Title Map

LYNWOOD sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of LYNWOOD, 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 LYNWOOD). 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 LYNWOOD?

LYNWOOD is located on MILL LANE in GRAMPOUND, in the TR2 postcode district. The below map shows the position of LYNWOOD on MILL LANE.