SPRINGSIDE, LAMORRICK, LANIVET, BODMIN, PL30 5HB - £305,000

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

SPRINGSIDE is a small detached house of 101m², built sometime between 1991 and 1995. It was last sold for £305,000 in November 2020, which was around 18% below the average November 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

SPRINGSIDE Sold Prices

Land registry data shows two sales for SPRINGSIDE 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 SPRINGSIDE 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
2020 27 NOV	£305,000	£371,513	18% below HPI
2003 27 JUN	£180,000	£210,608	15% below HPI

SPRINGSIDE 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 SPRINGSIDE sales from June 2003 and November 2020 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 June 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is SPRINGSIDE?

SPRINGSIDE is 101m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 30% of detached houses in Lanivet, based on EPC data. The below chart shows the distribution of detached houses by size in Lanivet, and where SPRINGSIDE lies on this distribution: 28% of detached houses are smaller than SPRINGSIDE, and 72% of houses are larger. Note that EPC data is not available for all properties in Lanivet.

SPRINGSIDE: Plot and Title Map

SPRINGSIDE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of SPRINGSIDE, 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 SPRINGSIDE). 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 SPRINGSIDE?

SPRINGSIDE is located on LAMORRICK in LANIVET, in the PL30 postcode district. The below map shows the position of SPRINGSIDE on LAMORRICK.