NYTIMBER, STATION HILL, LELANT, ST IVES, TR26 3DJ - £550,000

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.

NYTIMBER is a large detached house of 155m², built sometime between 1991 and 1995, which could now be worth an estimated £649,329. It was last sold for £550,000 in October 2020, which was around 49% above the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

NYTIMBER Sold Prices

Land registry data shows two sales for NYTIMBER 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 NYTIMBER 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
2020 9 OCT	£550,000	£370,347	49% above HPI
2013 29 NOV	£465,000	£282,318	65% above HPI

NYTIMBER 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 NYTIMBER sales from November 2013 and October 2020 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 2013 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 2020 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might NYTIMBER be worth now?

NYTIMBER might now be worth an estimated £649,329.

This is based on house price inflation of 18.1%, between October 2020 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 18.1% inflationary increase is applied to the most recent sale price for NYTIMBER of £550,000 on 9th October 2020. For the value to have increased from £550,000 to £649,329 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of NYTIMBER has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2020 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of NYTIMBER has not materially changed since October 2020.

How Large is NYTIMBER?

NYTIMBER is 155m² according to the EPC inspection conducted in July 2013. This puts it in the largest 40% of detached houses houses in Lelant, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lelant, and where NYTIMBER lies on this distribution: 67% of detached houses houses are smaller than NYTIMBER, and 32% of houses are larger. Note that EPC data is not available for all properties in Lelant.

NYTIMBER: Plot and Title Map

NYTIMBER sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of NYTIMBER, 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 NYTIMBER). 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 NYTIMBER?

NYTIMBER is located on STATION HILL in LELANT, in the TR26 postcode district. The below map shows the position of NYTIMBER on STATION HILL.