SUMARA, PLAIDY PARK ROAD, PLAIDY, LOOE, PL13 1LG - £620,000

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.

SUMARA is a midsized detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £701,135. It was last sold for £620,000 in September 2021, which was around 60% above the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

SUMARA Sold Prices

Land registry data shows three sales for SUMARA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three SUMARA sales were for above the average price, whilst one was 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
2021 30 SEP	£620,000	£386,635	60% above HPI
2017 21 DEC	£455,000	£328,578	38% above HPI
2008 28 FEB	£289,000	£301,446	4% below HPI

SUMARA 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 three SUMARA sales between February 2008 and September 2021 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 December 2017 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2021 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might SUMARA be worth now?

SUMARA might now be worth an estimated £701,135.

This is based on house price inflation of 13.1%, between September 2021 and February 2025, 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 13.1% inflationary increase is applied to the most recent sale price for SUMARA of £620,000 on 30th September 2021. For the value to have increased from £620,000 to £701,135 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of SUMARA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2021 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of SUMARA has not materially changed since September 2021.

How Large is SUMARA?

SUMARA is 115m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses houses in Looe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Looe, and where SUMARA lies on this distribution: 50% of detached houses houses are smaller than SUMARA, and 50% of houses are larger. Note that EPC data is not available for all properties in Looe.

SUMARA: Plot and Title Map

SUMARA sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of SUMARA, 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 SUMARA). 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 SUMARA?

SUMARA is located on PLAIDY PARK ROAD in PLAIDY, in the PL13 postcode district. The below map shows the position of SUMARA on PLAIDY PARK ROAD.