FOURWAYS, TREWORTHAL ROAD, PERRANWELL STATION, TRURO, TR3 7QB - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FOURWAYS is a midsized detached house of 136m², built sometime between 1967 and 1975. It was last sold for £420,000 in May 2015, which was around 42% above the average May 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

FOURWAYS Sold Prices

Land registry data shows two sales for FOURWAYS 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 FOURWAYS 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
2015 22 MAY	£420,000	£295,858	42% above HPI
1996 16 DEC	£127,000	£75,408	68% above HPI

FOURWAYS 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 FOURWAYS sales from December 1996 and May 2015 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 1996 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the May 2015 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is FOURWAYS?

FOURWAYS is 136m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Perranwell, based on EPC data. The below chart shows the distribution of detached houses by size in Perranwell, and where FOURWAYS lies on this distribution: 46% of detached houses are smaller than FOURWAYS, and 54% of houses are larger. Note that EPC data is not available for all properties in Perranwell.

FOURWAYS: Plot and Title Map

FOURWAYS sits on a plot of roughly 0.213 of an acre, or 860m². The below map shows the location of FOURWAYS, 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 FOURWAYS). 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 FOURWAYS?

FOURWAYS is located on TREWORTHAL ROAD in PERRANWELL STATION, in the TR3 postcode district. The below map shows the position of FOURWAYS on TREWORTHAL ROAD.