NY SUR, LANNER MOOR, REDRUTH, TR16 6HZ - £253,000

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.

NY SUR is a small detached house of 75m², which could now be worth an estimated £251,900. It was last sold for £253,000 in May 2022, which was around 42% below the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was B.

NY SUR Sold Prices

Land registry data shows two sales for NY SUR 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 NY SUR 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
2022 3 MAY	£253,000	£439,140	42% below HPI
2018 13 SEP	£195,000	£340,810	43% below HPI

NY SUR 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 NY SUR sales from September 2018 and May 2022 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 September 2018 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2022 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might NY SUR be worth now?

NY SUR might now be worth an estimated £251,900.

This is based on house price deflation of 0.4%, between May 2022 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 0.4% deflationary decrease is applied to the most recent sale price for NY SUR of £253,000 on 3rd May 2022. For the value to have decreased from £253,000 to £251,900 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of NY SUR has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2022 sale price of £253,000 represented a fair market value for the property.
• The size, condition, and specification of NY SUR has not materially changed since May 2022.

How Large is NY SUR?

NY SUR is 75m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lanner, and where NY SUR lies on this distribution: 25% of detached houses houses are smaller than NY SUR, and 75% of houses are larger. Note that EPC data is not available for all properties in Lanner.

NY SUR: Plot and Title Map

NY SUR sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of NY SUR, 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 NY SUR). 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 NY SUR?

NY SUR is located in LANNER MOOR, in the TR16 postcode district. The below map shows the position of NY SUR in LANNER MOOR.