1, LOWER MEADOW, CHACEWATER, TRURO, TR4 8LJ - £431,000

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

1 LOWER MEADOW is a very small extended detached house of 96m², built sometime between 1996 and 2002, which could now be worth an estimated £440,372. It was last sold for £431,000 in May 2024, which was around 1% below the average May 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

1 LOWER MEADOW Sold Prices

Land registry data shows three sales for 1 LOWER MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three 1 LOWER MEADOW sales were for below the average price, whilst one was 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
2024 17 MAY	£431,000	£434,554	1% below HPI
2012 27 SEP	£210,000	£274,275	23% below HPI
1997 29 JUL	£99,950	£82,169	22% above HPI

1 LOWER MEADOW 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 three 1 LOWER MEADOW sales between July 1997 and May 2024 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 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 1 LOWER MEADOW be worth now?

1 LOWER MEADOW might now be worth an estimated £440,372.

This is based on house price inflation of 2.2%, between May 2024 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 2.2% inflationary increase is applied to the most recent sale price for 1 LOWER MEADOW of £431,000 on 17th May 2024. For the value to have increased from £431,000 to £440,372 over the five months to December 2024, the following assumptions must hold true:

• The value of 1 LOWER MEADOW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2024 sale price of £431,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LOWER MEADOW has not materially changed since May 2024.

How Large is 1 LOWER MEADOW?

1 LOWER MEADOW is 96m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses houses in Chacewater, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chacewater, and where 1 LOWER MEADOW lies on this distribution: 15% of detached houses houses are smaller than 1 LOWER MEADOW, and 85% of houses are larger. Note that EPC data is not available for all properties in Chacewater.

1 LOWER MEADOW: Plot and Title Map

1 LOWER MEADOW sits on a plot of roughly 2.7 acres, or 10,776m². The below map shows the location of 1 LOWER MEADOW, 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 1 LOWER MEADOW). 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 1 LOWER MEADOW?

1 LOWER MEADOW is located in CHACEWATER, in the TR4 postcode district. The below map shows the position of No. 1 on LOWER MEADOW.