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
7 VICTORIA ROAD is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £326,000 in May 2022, which was around 25% below the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 VICTORIA ROAD since 1st 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. All of the three 7 VICTORIA ROAD 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 |
---|---|---|---|
2022 17 MAY | £326,000 | £432,329 | 25% below HPI |
2019 3 DEC | £235,000 | £341,511 | 31% below HPI |
2002 10 JAN | £105,000 | £144,481 | 27% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 7 VICTORIA ROAD sales between January 2002 and May 2022 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 December 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
7 VICTORIA ROAD is 71m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of detached houses in Threemilestone, based on EPC data. The below chart shows the distribution of detached houses by size in Threemilestone, and where 7 VICTORIA ROAD lies on this distribution: 9% of detached houses are smaller than 7 VICTORIA ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Threemilestone.
7 VICTORIA ROAD sits on a plot of roughly 12.3 acres, or 49,804m². The below map shows the location of 7 VICTORIA ROAD, 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 7 VICTORIA ROAD). 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.
7 VICTORIA ROAD is located in THREEMILESTONE, in the TR3 postcode district. The below map shows the position of No. 7 on VICTORIA ROAD.