2, LOWER MEADOW, CHACEWATER, TRURO, TR4 8LJ - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LOWER MEADOW is a small extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £315,000 in March 2021, which was around 16% below the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 LOWER MEADOW Sold Prices

Land registry data shows two sales for 2 LOWER MEADOW 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 2 LOWER MEADOW sales was for below the average price, whilst the other 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
2021 5 MAR	£315,000	£375,921	16% below HPI
1996 18 JUN	£96,500	£71,323	35% above HPI

2 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 two 2 LOWER MEADOW sales from June 1996 and March 2021 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 June 1996 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 2 LOWER MEADOW?

2 LOWER MEADOW is 101m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses in Chacewater, based on EPC data. The below chart shows the distribution of detached houses by size in Chacewater, and where 2 LOWER MEADOW lies on this distribution: 20% of detached houses are smaller than 2 LOWER MEADOW, and 80% of houses are larger. Note that EPC data is not available for all properties in Chacewater.

2 LOWER MEADOW: Plot and Title Map

2 LOWER MEADOW sits on a plot of roughly 2.7 acres, or 10,776m². The below map shows the location of 2 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 2 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 2 LOWER MEADOW?

2 LOWER MEADOW is located in CHACEWATER, in the TR4 postcode district. The below map shows the position of No. 2 on LOWER MEADOW.