GALE CORNERS, ASHLEY ROAD, SHORTLANESEND, TRURO, TR4 9DT - £260,000

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.

GALE CORNERS is a very small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £367,062. It was last sold for £260,000 in October 2016, which was around 16% below the average October 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was A.

GALE CORNERS Sold Prices

Land registry data shows two sales for GALE CORNERS 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 GALE CORNERS sales were for below 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
2016 24 OCT	£260,000	£309,703	16% below HPI
2001 23 OCT	£125,000	£141,977	12% below HPI

GALE CORNERS 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 GALE CORNERS sales from October 2001 and October 2016 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 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2016 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might GALE CORNERS be worth now?

GALE CORNERS might now be worth an estimated £367,062.

This is based on house price inflation of 41.2%, between October 2016 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 41.2% inflationary increase is applied to the most recent sale price for GALE CORNERS of £260,000 on 24th October 2016. For the value to have increased from £260,000 to £367,062 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of GALE CORNERS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2016 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of GALE CORNERS has not materially changed since October 2016.

How Large is GALE CORNERS?

GALE CORNERS is 72m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 10% of detached houses houses in Shortlanesend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shortlanesend, and where GALE CORNERS lies on this distribution: Less than 1% of detached houses houses are smaller than GALE CORNERS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Shortlanesend.

GALE CORNERS: Plot and Title Map

GALE CORNERS sits on a plot of roughly 0.800 of an acre, or 3,236m². The below map shows the location of GALE CORNERS, 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 GALE CORNERS). 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 GALE CORNERS?

GALE CORNERS is located on ASHLEY ROAD in SHORTLANESEND, in the TR4 postcode district. The below map shows the position of GALE CORNERS on ASHLEY ROAD.