SOUTH PARC, THE LIZARD, HELSTON, TR12 7NJ - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SOUTH PARC is a very large extended detached house of 211m², built sometime between 1900 and 1929, which could now be worth an estimated £667,416. It was last sold for £475,000 in June 2017, which was around 50% above the average June 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2017, where the current energy rating was F, and the potential energy rating was C.

SOUTH PARC Sold Prices

Land registry data shows four sales for SOUTH PARC since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four SOUTH PARC 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 16 JUN	£475,000	£315,997	50% above HPI
2004 12 JUL	£395,000	£252,031	57% above HPI
2001 9 AUG	£250,000	£134,051	86% above HPI
1997 7 APR	£155,000	£78,940	96% above HPI

SOUTH PARC 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 four SOUTH PARC sales between April 1997 and June 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 July 2004 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the June 2017 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might SOUTH PARC be worth now?

SOUTH PARC might now be worth an estimated £667,416.

This is based on house price inflation of 40.5%, between June 2017 and December 2024, 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 40.5% inflationary increase is applied to the most recent sale price for SOUTH PARC of £475,000 on 16th June 2017. For the value to have increased from £475,000 to £667,416 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of SOUTH PARC has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2017 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTH PARC has not materially changed since June 2017.

How Large is SOUTH PARC?

SOUTH PARC is 211m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 10% of detached houses houses in Lizard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lizard, and where SOUTH PARC lies on this distribution: 90% of detached houses houses are smaller than SOUTH PARC, and 10% of houses are larger. Note that EPC data is not available for all properties in Lizard.

SOUTH PARC: Plot and Title Map

SOUTH PARC sits on a plot of roughly 0.308 of an acre, or 1,247m². The below map shows the location of SOUTH PARC, 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 SOUTH PARC). 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 SOUTH PARC?

SOUTH PARC is located in THE LIZARD, in the TR12 postcode district. The below map shows the position of SOUTH PARC in THE LIZARD.