FIELDWAYS, VERYAN, TRURO, TR2 5QA - £405,000

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

FIELDWAYS is a very large detached house of 125m², built sometime between 1976 and 1982, which could now be worth an estimated £652,887. It was last sold for £405,000 in December 2012, which was around 49% above the average December 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2010, where the current energy rating was G, and the potential energy rating was F.

FIELDWAYS Sold Prices

Land registry data shows four sales for FIELDWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four FIELDWAYS 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
2012 19 DEC	£405,000	£271,224	49% above HPI
2007 31 OCT	£499,950	£305,929	63% above HPI
2002 10 MAY	£240,000	£157,046	53% above HPI
1998 25 SEP	£162,000	£92,285	76% above HPI

FIELDWAYS 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 four FIELDWAYS sales between September 1998 and December 2012 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 October 2007 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the December 2012 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might FIELDWAYS be worth now?

FIELDWAYS might now be worth an estimated £652,887.

This is based on house price inflation of 61.2%, between December 2012 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 61.2% inflationary increase is applied to the most recent sale price for FIELDWAYS of £405,000 on 19th December 2012. For the value to have increased from £405,000 to £652,887 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of FIELDWAYS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2012 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of FIELDWAYS has not materially changed since December 2012.

How Large is FIELDWAYS?

FIELDWAYS is 125m² according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses houses in Veryan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Veryan, and where FIELDWAYS lies on this distribution: 84% of detached houses houses are smaller than FIELDWAYS, and 16% of houses are larger. Note that EPC data is not available for all properties in Veryan.

FIELDWAYS: Plot and Title Map

FIELDWAYS sits on a plot of roughly 0.199 of an acre, or 805m². The below map shows the location of FIELDWAYS, 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 FIELDWAYS). 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 FIELDWAYS?

FIELDWAYS is located in VERYAN, in the TR2 postcode district. The below map shows the position of FIELDWAYS in VERYAN.