THE RAGLEIGHS, LAMORRICK, LANIVET, BODMIN, PL30 5HB - £595,000

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 RAGLEIGHS is a very large extended detached house of 201m², built sometime between 1991 and 1995. It was last sold for £595,000 in April 2022, which was around 39% above the average April 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

THE RAGLEIGHS Sold Prices

Land registry data shows four sales for THE RAGLEIGHS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four THE RAGLEIGHS 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
2022 11 APR	£595,000	£427,134	39% above HPI
2010 2 JUN	£422,500	£277,907	52% above HPI
2004 15 SEP	£362,000	£257,040	41% above HPI
2003 16 MAY	£250,000	£205,598	22% above HPI

THE RAGLEIGHS 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 four THE RAGLEIGHS sales between May 2003 and April 2022 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 June 2010 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the April 2022 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is THE RAGLEIGHS?

THE RAGLEIGHS is 201m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Lanivet, based on EPC data. The below chart shows the distribution of detached houses by size in Lanivet, and where THE RAGLEIGHS lies on this distribution: 97% of detached houses are smaller than THE RAGLEIGHS, and 3% of houses are larger. Note that EPC data is not available for all properties in Lanivet.

THE RAGLEIGHS: Plot and Title Map

THE RAGLEIGHS sits on a plot of roughly 0.233 of an acre, or 943m². The below map shows the location of THE RAGLEIGHS, 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 RAGLEIGHS). 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 RAGLEIGHS?

THE RAGLEIGHS is located on LAMORRICK in LANIVET, in the PL30 postcode district. The below map shows the position of THE RAGLEIGHS on LAMORRICK.