TWO GABLES, BARBICAN ROAD, LOOE, PL13 1NW - £124,000

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

TWO GABLES is a small extended detached house of 99m², built sometime before 1900. It was last sold for £124,000 in November 1999, which was around 20% above the average November 1999 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

TWO GABLES Sold Prices

Land registry data shows two sales for TWO GABLES 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. One of the two TWO GABLES sales was for above the average price, whilst the other was 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
1999 11 NOV	£124,000	£103,500	20% above HPI
1997 10 SEP	£76,000	£85,175	11% below HPI

TWO GABLES 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 TWO GABLES sales from September 1997 and November 1999 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 September 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 1999 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might TWO GABLES be worth now?

TWO GABLES might now be worth an estimated £531,946.

This is based on house price inflation of 329%, between November 1999 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 329% inflationary increase is applied to the most recent sale price for TWO GABLES of £124,000 on 11th November 1999. For the value to have increased from £124,000 to £531,946 over the 24 years and eleven months to December 2024, the following assumptions must hold true:

• The value of TWO GABLES has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 1999 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of TWO GABLES has not materially changed since November 1999.

How Large is TWO GABLES?

TWO GABLES is 99m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses houses in Looe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Looe, and where TWO GABLES lies on this distribution: 35% of detached houses houses are smaller than TWO GABLES, and 64% of houses are larger. Note that EPC data is not available for all properties in Looe.

TWO GABLES: Plot and Title Map

TWO GABLES sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of TWO GABLES, 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 TWO GABLES). 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 TWO GABLES?

TWO GABLES is located on BARBICAN ROAD in LOOE, in the PL13 postcode district. The below map shows the position of TWO GABLES on BARBICAN ROAD.