The Sunday Times
Friday February 22, 2019

Title deeds show incorrect value

I am coming off my dads title deeds (he put me on 3 years ago) and his ex-council house is shown as having a value of £190k. No house on the row my dad lives in is worth that - one that was gutted inside, landscaped outside, extended etc, sold for £165k so I have no idea where the £190k value has come from. Does anyone know how values are decided? Besides, my dads house is in such a state it would never be worth even £160k, even though it's in Cornwall.

Asked on Dec 29 2018, House Prices in Cornwall | Report content

Answers (3)

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  • Hello Juniper, Does seem strange. It's rare for these types of error to occur. I would suggest contacting the conveyancing solicitor that processed the last sale. Thanks, Ruban

    Answered on Dec 31 2018, Report content
  • Assuming by 'title deeds' you mean the Land Registry Title then the value recorded is the value at the time of the last transaction on that Title was recorded. If it was at market value then that will be the price used for the House Price index, if not then the 'value stated' has no present relevance.

    Answered on Jan 2 2019, Report content
  • If your dad bought the house off the council .. he would have bought it at a discount .. although on the land registry certificate.. when you buy It from the council - it shows the full in-discounted price (even though he didn’t pay that)

    Answered on Feb 15 2019, Report content

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