PINE LODGE, WIDEGATES, LOOE, PL13 1QB - £320,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PINE LODGE is a very large extended detached house of 234m², built sometime between 1983 and 1990. It was last sold for £320,000 in October 2017, which was around 1% below the average October 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

PINE LODGE Sold Prices

Land registry data shows six sales for PINE LODGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the six PINE LODGE 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
2017 6 OCT	£320,000	£324,548	1% below HPI
2013 7 FEB	£285,000	£266,912	7% above HPI
2004 18 MAY	£299,950	£235,691	27% above HPI
2002 21 JUN	£210,000	£158,774	32% above HPI
2000 23 JUN	£113,000	£111,422	1% above HPI
1995 6 JAN	£92,500	£69,151	34% above HPI

PINE LODGE 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 six PINE LODGE sales between January 1995 and October 2017 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 February 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2017 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is PINE LODGE?

PINE LODGE is 234m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of detached houses in Widegates, based on EPC data. The below chart shows the distribution of detached houses by size in Widegates, and where PINE LODGE lies on this distribution: 98% of detached houses are smaller than PINE LODGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Widegates.

PINE LODGE: Plot and Title Map

PINE LODGE sits on a plot of roughly 0.171 of an acre, or 692m². The below map shows the location of PINE LODGE, 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 PINE LODGE). 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 PINE LODGE?

PINE LODGE is located in WIDEGATES, in the PL13 postcode district. The below map shows the position of PINE LODGE in WIDEGATES.