PENDORIC, HAY LANE, LOOE, PL13 1JZ - £479,000

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

PENDORIC is a large extended detached house of 146m², built sometime between 1967 and 1975. It was last sold for £479,000 in October 2018, which was around 42% above the average October 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

PENDORIC Sold Prices

Land registry data shows three sales for PENDORIC 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 PENDORIC 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
2018 31 OCT	£479,000	£336,290	42% above HPI
1998 27 NOV	£140,000	£91,367	53% above HPI
1995 26 JAN	£85,000	£69,151	23% above HPI

PENDORIC 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 PENDORIC sales between January 1995 and October 2018 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 1998 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the October 2018 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is PENDORIC?

PENDORIC is 146m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses in Looe, based on EPC data. The below chart shows the distribution of detached houses by size in Looe, and where PENDORIC lies on this distribution: 67% of detached houses are smaller than PENDORIC, and 32% of houses are larger. Note that EPC data is not available for all properties in Looe.

PENDORIC: Plot and Title Map

PENDORIC sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of PENDORIC, 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 PENDORIC). 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 PENDORIC?

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