MEADOWBANK, LERRYN, LOSTWITHIEL, PL22 0QA - £870,000

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

MEADOWBANK is a very large extended detached house of 214m², built sometime between 1976 and 1982. It was last sold for £870,000 in May 2024, which was around 102% above the average May 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

MEADOWBANK Sold Prices

Land registry data shows three sales for MEADOWBANK 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 MEADOWBANK 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
2024 9 MAY	£870,000	£429,983	102% above HPI
2014 31 OCT	£485,000	£290,735	67% above HPI
2001 15 NOV	£320,000	£141,481	126% above HPI

MEADOWBANK 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 MEADOWBANK sales between November 2001 and May 2024 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 October 2014 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the May 2024 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is MEADOWBANK?

MEADOWBANK is 214m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Lerryn, based on EPC data. The below chart shows the distribution of detached houses by size in Lerryn, and where MEADOWBANK lies on this distribution: 90% of detached houses are smaller than MEADOWBANK, and 10% of houses are larger. Note that EPC data is not available for all properties in Lerryn.

MEADOWBANK: Plot and Title Map

MEADOWBANK sits on a plot of roughly 13.1 acres, or 52,985m². The below map shows the location of MEADOWBANK, 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 MEADOWBANK). 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 MEADOWBANK?

MEADOWBANK is located in LERRYN, in the PL22 postcode district. The below map shows the position of MEADOWBANK in LERRYN.