BRALORNE, CHURCH COVE, HELSTON, TR12 7PQ - £378,000

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.

BRALORNE is a small detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £496,270. It was last sold for £378,000 in February 2018, which was around 14% above the average February 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2018, where the current energy rating was F, and the potential energy rating was D.

BRALORNE Sold Prices

Land registry data shows three sales for BRALORNE 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 BRALORNE sales were for above the average price, whilst one was 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
2018 15 FEB	£378,000	£333,031	14% above HPI
2016 17 FEB	£339,000	£306,605	11% above HPI
2011 2 DEC	£250,000	£275,513	9% below HPI

BRALORNE 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 BRALORNE sales between December 2011 and February 2018 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 February 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2018 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might BRALORNE be worth now?

BRALORNE might now be worth an estimated £496,270.

This is based on house price inflation of 31.3%, between February 2018 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 31.3% inflationary increase is applied to the most recent sale price for BRALORNE of £378,000 on 15th February 2018. For the value to have increased from £378,000 to £496,270 over the seven years to February 2025, the following assumptions must hold true:

• The value of BRALORNE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2018 sale price of £378,000 represented a fair market value for the property.
• The size, condition, and specification of BRALORNE has not materially changed since February 2018.

How Large is BRALORNE?

BRALORNE is 96m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of detached houses houses in Lizard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lizard, and where BRALORNE lies on this distribution: 25% of detached houses houses are smaller than BRALORNE, and 72% of houses are larger. Note that EPC data is not available for all properties in Lizard.

BRALORNE: Plot and Title Map

BRALORNE sits on a plot of roughly 0.231 of an acre, or 936m². The below map shows the location of BRALORNE, 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 BRALORNE). 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 BRALORNE?

BRALORNE is located in CHURCH COVE, in the TR12 postcode district. The below map shows the position of BRALORNE in CHURCH COVE.