THE OLD SCHOOL, LANREATH, LOOE, PL13 2NX - £625,000

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 OLD SCHOOL is a very large extended detached house of 267m², built sometime between 1900 and 1929. It was last sold for £625,000 in March 2020, which was around 82% above the average March 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

THE OLD SCHOOL Sold Prices

Land registry data shows two sales for THE OLD SCHOOL 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 OLD SCHOOL 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
2020 24 MAR	£625,000	£342,697	82% above HPI
2012 7 NOV	£525,000	£269,114	95% above HPI

THE OLD SCHOOL 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 OLD SCHOOL sales from November 2012 and March 2020 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 November 2012 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the March 2020 sale, where it falls to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is THE OLD SCHOOL?

THE OLD SCHOOL is 267m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Lanreath, based on EPC data. The below chart shows the distribution of detached houses by size in Lanreath, and where THE OLD SCHOOL lies on this distribution: 90% of detached houses are smaller than THE OLD SCHOOL, and 10% of houses are larger. Note that EPC data is not available for all properties in Lanreath.

THE OLD SCHOOL: Plot and Title Map

THE OLD SCHOOL sits on a plot of roughly 0.236 of an acre, or 956m². The below map shows the location of THE OLD SCHOOL, 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 OLD SCHOOL). 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 OLD SCHOOL?

THE OLD SCHOOL is located in LANREATH, in the PL13 postcode district. The below map shows the position of THE OLD SCHOOL in LANREATH.