THE BEACON, FOSTERS LANE, TINTAGEL, PL34 0BU - £420,000

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.

THE BEACON is a large detached house of 120m², built sometime between 2003 and 2006, which could now be worth an estimated £536,364. It was last sold for £420,000 in July 2019, which was around 23% above the average July 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

THE BEACON Sold Prices

Land registry data shows three sales for THE BEACON 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. All of the three THE BEACON 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
2019 26 JUL	£420,000	£342,374	23% above HPI
2012 27 APR	£292,000	£279,519	4% above HPI
2006 17 NOV	£395,000	£286,027	38% above HPI

THE BEACON 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 THE BEACON sales between November 2006 and July 2019 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 April 2012 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might THE BEACON be worth now?

THE BEACON might now be worth an estimated £536,364.

This is based on house price inflation of 27.7%, between July 2019 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 27.7% inflationary increase is applied to the most recent sale price for THE BEACON of £420,000 on 26th July 2019. For the value to have increased from £420,000 to £536,364 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of THE BEACON has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2019 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of THE BEACON has not materially changed since July 2019.

How Large is THE BEACON?

THE BEACON is 120m² according to the EPC inspection conducted in June 2010. This puts it in the largest 30% of detached houses houses in Tintagel, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tintagel, and where THE BEACON lies on this distribution: 73% of detached houses houses are smaller than THE BEACON, and 27% of houses are larger. Note that EPC data is not available for all properties in Tintagel.

THE BEACON: Plot and Title Map

THE BEACON sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of THE BEACON, 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 THE BEACON). 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 THE BEACON?

THE BEACON is located on FOSTERS LANE in TINTAGEL, in the PL34 postcode district. The below map shows the position of THE BEACON on FOSTERS LANE.