THE LIGHTHOUSE, BACK HILL, SALTASH, PL12 4DJ - £380,000

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 LIGHTHOUSE is a very large extended detached house of 163m², built sometime between 2003 and 2006. It was last sold for £380,000 in September 2017, which was around 18% above the average September 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was C.

THE LIGHTHOUSE Sold Prices

Land registry data shows three sales for THE LIGHTHOUSE 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 THE LIGHTHOUSE 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
2017 4 SEP	£380,000	£321,865	18% above HPI
2008 15 AUG	£339,950	£281,311	21% above HPI
2004 16 JUL	£191,000	£248,122	23% below HPI

THE LIGHTHOUSE 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 LIGHTHOUSE sales between July 2004 and September 2017 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 August 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2017 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is THE LIGHTHOUSE?

THE LIGHTHOUSE is 163m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 20% of detached houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses by size in Saltash, and where THE LIGHTHOUSE lies on this distribution: 88% of detached houses are smaller than THE LIGHTHOUSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Saltash.

THE LIGHTHOUSE: Plot and Title Map

THE LIGHTHOUSE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of THE LIGHTHOUSE, 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 LIGHTHOUSE). 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 LIGHTHOUSE?

THE LIGHTHOUSE is located on BACK HILL in SALTASH, in the PL12 postcode district. The below map shows the position of THE LIGHTHOUSE on BACK HILL.