DRIFTWOOD, SILVER HILL, PERRANWELL STATION, TRURO, TR3 7LR - £484,200

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

DRIFTWOOD is a large extended detached house of 163m², built sometime between 1976 and 1982. It was last sold for £484,200 in July 2010, which was around 75% above the average July 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

DRIFTWOOD Sold Prices

Land registry data shows two sales for DRIFTWOOD 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 DRIFTWOOD sales were for above 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
2010 23 JUL	£484,200	£276,747	75% above HPI
1997 14 FEB	£166,000	£77,551	114% above HPI

DRIFTWOOD 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 DRIFTWOOD sales from February 1997 and July 2010 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 1997 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the July 2010 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is DRIFTWOOD?

DRIFTWOOD is 163m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 40% of detached houses in Perranwell, based on EPC data. The below chart shows the distribution of detached houses by size in Perranwell, and where DRIFTWOOD lies on this distribution: 68% of detached houses are smaller than DRIFTWOOD, and 32% of houses are larger. Note that EPC data is not available for all properties in Perranwell.

DRIFTWOOD: Plot and Title Map

DRIFTWOOD sits on a plot of roughly 0.632 of an acre, or 2,559m². The below map shows the location of DRIFTWOOD, 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 DRIFTWOOD). 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 DRIFTWOOD?

DRIFTWOOD is located on SILVER HILL in PERRANWELL STATION, in the TR3 postcode district. The below map shows the position of DRIFTWOOD on SILVER HILL.