FAIRVIEW, FORTH COTH, CARNON DOWNS, TRURO, TR3 6GA - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

FAIRVIEW is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £339,784. It was last sold for £250,000 in August 2017, which was around 22% below the average August 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

FAIRVIEW Sold Prices

Land registry data shows two sales for FAIRVIEW 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. One of the two FAIRVIEW sales was for below the average price, whilst the other was 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
2017 25 AUG	£250,000	£321,698	22% below HPI
1995 2 MAY	£72,750	£71,860	1% above HPI

FAIRVIEW 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 FAIRVIEW sales from May 1995 and August 2017 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 May 1995 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might FAIRVIEW be worth now?

FAIRVIEW might now be worth an estimated £339,784.

This is based on house price inflation of 35.9%, between August 2017 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 35.9% inflationary increase is applied to the most recent sale price for FAIRVIEW of £250,000 on 25th August 2017. For the value to have increased from £250,000 to £339,784 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of FAIRVIEW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2017 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRVIEW has not materially changed since August 2017.

How Large is FAIRVIEW?

FAIRVIEW is 90m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses houses in Carnon Downs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carnon Downs, and where FAIRVIEW lies on this distribution: 33% of detached houses houses are smaller than FAIRVIEW, and 66% of houses are larger. Note that EPC data is not available for all properties in Carnon Downs.

FAIRVIEW: Plot and Title Map

FAIRVIEW sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of FAIRVIEW, 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 FAIRVIEW). 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 FAIRVIEW?

FAIRVIEW is located on FORTH COTH in CARNON DOWNS, in the TR3 postcode district. The below map shows the position of FAIRVIEW on FORTH COTH.