THE FIRS, VALLEY VIEW ESTATE, LANNER, REDRUTH, TR16 5TE - £280,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

THE FIRS is a very large detached house of 146m², built sometime between 1976 and 1982. It was last sold for £280,000 in September 2010, which was around 1% below the average September 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

THE FIRS Sold Prices

Land registry data shows two sales for THE FIRS 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 THE FIRS 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
2010 9 SEP	£280,000	£283,720	1% below HPI
2000 26 JUL	£110,000	£114,703	4% below HPI

THE FIRS 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 THE FIRS sales from July 2000 and September 2010 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 2000 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2010 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is THE FIRS?

THE FIRS is 146m² according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where THE FIRS lies on this distribution: 85% of detached houses are smaller than THE FIRS, and 15% of houses are larger. Note that EPC data is not available for all properties in Lanner.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.218 of an acre, or 881m². The below map shows the location of THE FIRS, 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 FIRS). 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 FIRS?

THE FIRS is located on VALLEY VIEW ESTATE in LANNER, in the TR16 postcode district. The below map shows the position of THE FIRS on VALLEY VIEW ESTATE.