MIRADOR, HANNAFORE LANE, LOOE, PL13 2DT - £249,950

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

MIRADOR is a very small extended detached house of 82m², built sometime between 1900 and 1929. It was last sold for £249,950 in June 2013, which was around 8% below the average June 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

MIRADOR Sold Prices

Land registry data shows two sales for MIRADOR 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. Both of the two MIRADOR sales 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
2013 14 JUN	£249,950	£272,671	8% below HPI
2000 19 APR	£95,000	£108,174	12% below HPI

MIRADOR 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 MIRADOR sales from April 2000 and June 2013 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 April 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2013 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is MIRADOR?

MIRADOR is 82m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Looe, based on EPC data. The below chart shows the distribution of detached houses by size in Looe, and where MIRADOR lies on this distribution: 19% of detached houses are smaller than MIRADOR, and 80% of houses are larger. Note that EPC data is not available for all properties in Looe.

MIRADOR: Plot and Title Map

MIRADOR sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of MIRADOR, 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 MIRADOR). 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 MIRADOR?

MIRADOR is located on HANNAFORE LANE in LOOE, in the PL13 postcode district. The below map shows the position of MIRADOR on HANNAFORE LANE.