RENO, LANNER HILL, LANNER, REDRUTH, TR16 6DY - £210,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

RENO is a midsized extended detached house of 100m², built sometime between 1900 and 1929. It was last sold for £210,000 in November 2013, which was around 24% below the average November 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2021, where the current energy rating was G, and the potential energy rating was B.

RENO Sold Prices

Land registry data shows two sales for RENO 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 RENO 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 8 NOV	£210,000	£277,939	24% below HPI
1997 14 MAR	£57,000	£77,975	27% below HPI

RENO 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 RENO sales from March 1997 and November 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 March 1997 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2013 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is RENO?

RENO is 100m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 50% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where RENO lies on this distribution: 58% of detached houses are smaller than RENO, and 42% of houses are larger. Note that EPC data is not available for all properties in Lanner.

RENO: Plot and Title Map

RENO sits on a plot of roughly 18.4 acres, or 74,512m². The below map shows the location of RENO, 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 RENO). 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 RENO?

RENO is located on LANNER HILL in LANNER, in the TR16 postcode district. The below map shows the position of RENO on LANNER HILL.