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

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

FOURWAYS is a midsized detached house of 136m², built sometime between 1967 and 1975, which could now be worth an estimated £611,066. It was last sold for £420,000 in May 2015, which was around 40% 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	£300,519	40% above HPI
1996 16 DEC	£127,000	£76,596	66% 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 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the May 2015 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might FOURWAYS be worth now?

FOURWAYS might now be worth an estimated £611,066.

This is based on house price inflation of 45.5%, between May 2015 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 45.5% inflationary increase is applied to the most recent sale price for FOURWAYS of £420,000 on 22nd May 2015. For the value to have increased from £420,000 to £611,066 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of FOURWAYS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2015 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of FOURWAYS has not materially changed since May 2015.

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 houses in Perranwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Perranwell, and where FOURWAYS lies on this distribution: 46% of detached houses houses are smaller than FOURWAYS, and 53% 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.