TRELOWENA, PENNANCE ROAD, LANNER, REDRUTH, TR16 5TF - £149,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

TRELOWENA is a very large extended detached house of 219m², built sometime between 1950 and 1966. It was last sold for £149,000 in June 2002, which was around 6% below the average June 2002 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2016, where the current energy rating was G, and the potential energy rating was E.

TRELOWENA Sold Prices

Land registry data shows two sales for TRELOWENA 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 TRELOWENA 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
2002 7 JUN	£149,000	£158,774	6% below HPI
1995 13 APR	£69,000	£70,415	2% below HPI

TRELOWENA 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 TRELOWENA sales from April 1995 and June 2002 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 April 1995 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2002 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is TRELOWENA?

TRELOWENA is 219m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 10% of detached houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses by size in Lanner, and where TRELOWENA lies on this distribution: 97% of detached houses are smaller than TRELOWENA, and 3% of houses are larger. Note that EPC data is not available for all properties in Lanner.

TRELOWENA: Plot and Title Map

TRELOWENA sits on a plot of roughly 0.240 of an acre, or 972m². The below map shows the location of TRELOWENA, 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 TRELOWENA). 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 TRELOWENA?

TRELOWENA is located on PENNANCE ROAD in LANNER, in the TR16 postcode district. The below map shows the position of TRELOWENA on PENNANCE ROAD.