DEMELZA, TREMABE LANE, DOBWALLS, LISKEARD, PL14 6JT - £245,000

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.

DEMELZA is a large extended detached house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £381,993. It was last sold for £245,000 in March 2011, which was around 13% below the average March 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

DEMELZA Sold Prices

Land registry data shows two sales for DEMELZA 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 DEMELZA 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
2011 18 MAR	£245,000	£280,428	13% below HPI
2005 2 SEP	£215,000	£265,746	19% below HPI

DEMELZA 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 DEMELZA sales from September 2005 and March 2011 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 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2011 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might DEMELZA be worth now?

DEMELZA might now be worth an estimated £381,993.

This is based on house price inflation of 55.9%, between March 2011 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 55.9% inflationary increase is applied to the most recent sale price for DEMELZA of £245,000 on 18th March 2011. For the value to have increased from £245,000 to £381,993 over the fourteen years and one month to February 2025, the following assumptions must hold true:

• The value of DEMELZA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2011 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of DEMELZA has not materially changed since March 2011.

How Large is DEMELZA?

DEMELZA is 112m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the largest 30% of detached houses houses in Dobwalls, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dobwalls, and where DEMELZA lies on this distribution: 76% of detached houses houses are smaller than DEMELZA, and 24% of houses are larger. Note that EPC data is not available for all properties in Dobwalls.

DEMELZA: Plot and Title Map

DEMELZA sits on a plot of roughly 17.6 acres, or 71,216m². The below map shows the location of DEMELZA, 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 DEMELZA). 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 DEMELZA?

DEMELZA is located on TREMABE LANE in DOBWALLS, in the PL14 postcode district. The below map shows the position of DEMELZA on TREMABE LANE.