APRIL COTTAGE, THE TERRACE, CHACEWATER, TRURO, TR4 8LT - £229,500

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.

APRIL COTTAGE is a very small semi-detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £233,857. It was last sold for £229,500 in September 2024, which was around 19% below the average September 2024 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

APRIL COTTAGE Sold Prices

Land registry data shows three sales for APRIL COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three APRIL COTTAGE 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
2024 27 SEP	£229,500	£282,879	19% below HPI
2014 29 SEP	£170,000	£191,776	11% below HPI
2004 2 FEB	£60,000	£148,380	60% below HPI

APRIL COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three APRIL COTTAGE sales between February 2004 and September 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 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2024 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might APRIL COTTAGE be worth now?

APRIL COTTAGE might now be worth an estimated £233,857.

This is based on house price inflation of 1.9%, between September 2024 and February 2025, for semi-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 1.9% inflationary increase is applied to the most recent sale price for APRIL COTTAGE of £229,500 on 27th September 2024. For the value to have increased from £229,500 to £233,857 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of APRIL COTTAGE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The September 2024 sale price of £229,500 represented a fair market value for the property.
• The size, condition, and specification of APRIL COTTAGE has not materially changed since September 2024.

How Large is APRIL COTTAGE?

APRIL COTTAGE is 56m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of semi-detached houses houses in Chacewater, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chacewater, and where APRIL COTTAGE lies on this distribution: 2% of semi-detached houses houses are smaller than APRIL COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chacewater.

APRIL COTTAGE: Plot and Title Map

APRIL COTTAGE sits on a plot of roughly 0.396 of an acre, or 1,602m². The below map shows the location of APRIL COTTAGE, 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 APRIL COTTAGE). 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 APRIL COTTAGE?

APRIL COTTAGE is located on THE TERRACE in CHACEWATER, in the TR4 postcode district. The below map shows the position of APRIL COTTAGE on THE TERRACE.