TALISMAN, STRAWBERRY LANE, LELANT, ST IVES, TR26 3JN - £440,000

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

TALISMAN is a very small extended detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £462,726. It was last sold for £440,000 in December 2021, which was around 6% above the average December 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

TALISMAN Sold Prices

Land registry data shows four sales for TALISMAN 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. two of the four TALISMAN sales were for above the average price, and four 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
2021 20 DEC	£440,000	£415,757	6% above HPI
2015 10 JUL	£340,000	£301,783	13% above HPI
2007 12 MAR	£285,000	£288,836	1% below HPI
1995 10 FEB	£60,000	£71,286	16% below HPI

TALISMAN 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 TALISMAN sales between February 1995 and December 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 July 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might TALISMAN be worth now?

TALISMAN might now be worth an estimated £462,726.

This is based on house price inflation of 5.2%, between December 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 5.2% inflationary increase is applied to the most recent sale price for TALISMAN of £440,000 on 20th December 2021. For the value to have increased from £440,000 to £462,726 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of TALISMAN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2021 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of TALISMAN has not materially changed since December 2021.

How Large is TALISMAN?

TALISMAN is 92m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses houses in Lelant, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lelant, and where TALISMAN lies on this distribution: 16% of detached houses houses are smaller than TALISMAN, and 84% of houses are larger. Note that EPC data is not available for all properties in Lelant.

TALISMAN: Plot and Title Map

TALISMAN sits on a plot of roughly 0.256 of an acre, or 1,034m². The below map shows the location of TALISMAN, 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 TALISMAN). 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 TALISMAN?

TALISMAN is located on STRAWBERRY LANE in LELANT, in the TR26 postcode district. The below map shows the position of TALISMAN on STRAWBERRY LANE.