SWAKELEYS, MEADWAY, LOOE, PL13 1JT - £275,000

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

SWAKELEYS is a small detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £447,171. It was last sold for £275,000 in May 2013, which was around 1% above the average May 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

SWAKELEYS Sold Prices

Land registry data shows two sales for SWAKELEYS 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. One of the two SWAKELEYS sales was for above the average price, whilst the other 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
2013 8 MAY	£275,000	£273,052	1% above HPI
2001 24 OCT	£134,000	£141,977	6% below HPI

SWAKELEYS 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 SWAKELEYS sales from October 2001 and May 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 October 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2013 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might SWAKELEYS be worth now?

SWAKELEYS might now be worth an estimated £447,171.

This is based on house price inflation of 62.6%, between May 2013 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 62.6% inflationary increase is applied to the most recent sale price for SWAKELEYS of £275,000 on 8th May 2013. For the value to have increased from £275,000 to £447,171 over the ten years and five months to December 2024, the following assumptions must hold true:

• The value of SWAKELEYS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2013 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of SWAKELEYS has not materially changed since May 2013.

How Large is SWAKELEYS?

SWAKELEYS is 87m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% 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 SWAKELEYS lies on this distribution: 25% of detached houses houses are smaller than SWAKELEYS, and 74% of houses are larger. Note that EPC data is not available for all properties in Looe.

SWAKELEYS: Plot and Title Map

SWAKELEYS sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of SWAKELEYS, 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 SWAKELEYS). 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 SWAKELEYS?

SWAKELEYS is located on MEADWAY in LOOE, in the PL13 postcode district. The below map shows the position of SWAKELEYS on MEADWAY.