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

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 NEW HOUSE is a very large extended detached house of 170m², built sometime between 1950 and 1966, which could now be worth an estimated £309,744. It was last sold for £200,000 in November 2013, which was around 29% 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	£282,318	29% below HPI
2006 21 DEC	£144,500	£284,469	49% 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 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2013 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might THE NEW HOUSE be worth now?

THE NEW HOUSE might now be worth an estimated £309,744.

This is based on house price inflation of 54.9%, between November 2013 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 54.9% inflationary increase is applied to the most recent sale price for THE NEW HOUSE of £200,000 on 20th November 2013. For the value to have increased from £200,000 to £309,744 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of THE NEW HOUSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2013 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of THE NEW HOUSE has not materially changed since November 2013.

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 houses in Pelynt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pelynt, and where THE NEW HOUSE lies on this distribution: 96% of detached houses 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.