FOUR WINDS, GREEN LANE, TRURO, TR1 2HP - £450,000

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.

FOUR WINDS is a very large detached house of 210m², built sometime between 1991 and 1995, which could now be worth an estimated £506,334. It was last sold for £450,000 in August 2021, which was around 16% above the average August 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

FOUR WINDS Sold Prices

Land registry data shows three sales for FOUR WINDS 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. All of the three FOUR WINDS 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
2021 27 AUG	£450,000	£388,585	16% above HPI
2014 17 DEC	£388,000	£293,788	32% above HPI
2006 17 OCT	£350,000	£283,571	23% above HPI

FOUR WINDS 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 FOUR WINDS sales between October 2006 and August 2021 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 December 2014 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might FOUR WINDS be worth now?

FOUR WINDS might now be worth an estimated £506,334.

This is based on house price inflation of 12.5%, between August 2021 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 12.5% inflationary increase is applied to the most recent sale price for FOUR WINDS of £450,000 on 27th August 2021. For the value to have increased from £450,000 to £506,334 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of FOUR WINDS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of FOUR WINDS has not materially changed since August 2021.

How Large is FOUR WINDS?

FOUR WINDS is 210m² according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where FOUR WINDS lies on this distribution: 94% of detached houses houses are smaller than FOUR WINDS, and 6% of houses are larger. Note that EPC data is not available for all properties in Truro.

FOUR WINDS: Plot and Title Map

FOUR WINDS sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of FOUR WINDS, 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 FOUR WINDS). 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 FOUR WINDS?

FOUR WINDS is located on GREEN LANE in TRURO, in the TR1 postcode district. The below map shows the position of FOUR WINDS on GREEN LANE.