SINILAH, HANNAFORE LANE, LOOE, PL13 2DT - £500,000

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.

SINILAH is a midsized extended semi-detached house of 124m², built sometime between 1900 and 1929, which could now be worth an estimated £494,984. It was last sold for £500,000 in August 2022, which was around 72% above the average August 2022 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

SINILAH Sold Prices

Land registry data shows five sales for SINILAH since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the five SINILAH 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
2022 12 AUG	£500,000	£291,170	72% above HPI
2017 7 APR	£247,500	£203,513	22% above HPI
2006 20 OCT	£257,500	£187,400	37% above HPI
2002 2 AUG	£159,950	£107,005	49% above HPI
1996 26 FEB	£60,000	£45,505	32% above HPI

SINILAH Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The five SINILAH sales between February 1996 and August 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 April 2017 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2022 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might SINILAH be worth now?

SINILAH might now be worth an estimated £494,984.

This is based on house price deflation of 1%, between August 2022 and February 2025, for semi-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 1% deflationary decrease is applied to the most recent sale price for SINILAH of £500,000 on 12th August 2022. For the value to have decreased from £500,000 to £494,984 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of SINILAH has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The August 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of SINILAH has not materially changed since August 2022.

How Large is SINILAH?

SINILAH is 124m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% of semi-detached houses houses in Looe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Looe, and where SINILAH lies on this distribution: 55% of semi-detached houses houses are smaller than SINILAH, and 44% of houses are larger. Note that EPC data is not available for all properties in Looe.

SINILAH: Plot and Title Map

SINILAH sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of SINILAH, 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 SINILAH). 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 SINILAH?

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