THE NEW HOUSE, SUMMER LANE, PELYNT, LOOE, PL13 2LP - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE NEW HOUSE is a very large extended detached house of 170m², built sometime between 1950 and 1966. It was last sold for £200,000 in November 2013, which was around 28% below the average November 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

THE NEW HOUSE Sold Prices

Land registry data shows two sales for THE NEW HOUSE 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 NEW HOUSE 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
2013 20 NOV	£200,000	£277,939	28% below HPI
2006 21 DEC	£144,500	£280,057	48% below HPI

THE NEW HOUSE 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 NEW HOUSE sales from December 2006 and November 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 December 2006 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2013 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is THE NEW HOUSE?

THE NEW HOUSE is 170m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses in Pelynt, based on EPC data. The below chart shows the distribution of detached houses by size in Pelynt, and where THE NEW HOUSE lies on this distribution: 96% of detached houses are smaller than THE NEW HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Pelynt.

THE NEW HOUSE: Plot and Title Map

THE NEW HOUSE sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of THE NEW HOUSE, 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 NEW HOUSE). 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 NEW HOUSE?

THE NEW HOUSE is located on SUMMER LANE in PELYNT, in the PL13 postcode district. The below map shows the position of THE NEW HOUSE on SUMMER LANE.