TREES, LANREATH, LOOE, PL13 2NU - £325,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

TREES is a midsized detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £516,240. It was last sold for £325,000 in December 2013, which was around 16% above the average December 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2012, where the current energy rating was F, and the potential energy rating was C.

TREES Sold Prices

Land registry data shows two sales for TREES 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 TREES 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
2013 11 DEC	£325,000	£279,523	16% above HPI
2000 28 FEB	£146,000	£106,265	37% above HPI

TREES 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 TREES sales from February 2000 and December 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 February 2000 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2013 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might TREES be worth now?

TREES might now be worth an estimated £516,240.

This is based on house price inflation of 58.8%, between December 2013 and December 2024, 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 58.8% inflationary increase is applied to the most recent sale price for TREES of £325,000 on 11th December 2013. For the value to have increased from £325,000 to £516,240 over the eleven years to December 2024, the following assumptions must hold true:

• The value of TREES has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2013 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of TREES has not materially changed since December 2013.

How Large is TREES?

TREES is 150m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 50% of detached houses houses in Lanreath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lanreath, and where TREES lies on this distribution: 48% of detached houses houses are smaller than TREES, and 52% of houses are larger. Note that EPC data is not available for all properties in Lanreath.

TREES: Plot and Title Map

TREES sits on a plot of roughly 0.383 of an acre, or 1,548m². The below map shows the location of TREES, 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 TREES). 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 TREES?

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