40, THE PASTURES, SHORTLANESEND, TRURO, TR4 9FL - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 THE PASTURES is a small detached house of 86m², which could now be worth an estimated £418,419. It was last sold for £370,000 in September 2021, which was around 4% below the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

40 THE PASTURES Sold Prices

Land registry data shows two sales for 40 THE PASTURES 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 40 THE PASTURES 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
2021 3 SEP	£370,000	£386,635	4% below HPI
2018 29 MAR	£259,950	£333,621	22% below HPI

40 THE PASTURES 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 40 THE PASTURES sales from March 2018 and September 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 March 2018 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 40 THE PASTURES be worth now?

40 THE PASTURES might now be worth an estimated £418,419.

This is based on house price inflation of 13.1%, between September 2021 and February 2025, 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 13.1% inflationary increase is applied to the most recent sale price for 40 THE PASTURES of £370,000 on 3rd September 2021. For the value to have increased from £370,000 to £418,419 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 40 THE PASTURES has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 40 THE PASTURES has not materially changed since September 2021.

How Large is 40 THE PASTURES?

40 THE PASTURES is 86m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% of detached houses houses in Shortlanesend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shortlanesend, and where 40 THE PASTURES lies on this distribution: 30% of detached houses houses are smaller than 40 THE PASTURES, and 67% of houses are larger. Note that EPC data is not available for all properties in Shortlanesend.

40 THE PASTURES: Plot and Title Map

40 THE PASTURES sits on a plot of roughly 49.7 acres, or 201,281m². The below map shows the location of 40 THE PASTURES, 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 40 THE PASTURES). 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 40 THE PASTURES?

40 THE PASTURES is located in SHORTLANESEND, in the TR4 postcode district. The below map shows the position of No. 40 on THE PASTURES.