GREENACRES, SHORT CROSS ROAD, MOUNT HAWKE, TRURO, TR4 8DU - £280,000

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

GREENACRES is a very large detached house of 174m², built sometime between 1950 and 1966, which could now be worth an estimated £443,325. It was last sold for £280,000 in March 2011, which was about the average March 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

GREENACRES Sold Prices

Land registry data shows two sales for GREENACRES 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. One of the two GREENACRES sales was roughly equal to the average price, whilst the other was 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
2011 24 MAR	£280,000	£280,428	Close to HPI
1998 18 FEB	£114,000	£87,350	31% above HPI

GREENACRES 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 GREENACRES sales from February 1998 and March 2011 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 February 1998 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2011 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might GREENACRES be worth now?

GREENACRES might now be worth an estimated £443,325.

This is based on house price inflation of 58.3%, between March 2011 and December 2024, 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 58.3% inflationary increase is applied to the most recent sale price for GREENACRES of £280,000 on 24th March 2011. For the value to have increased from £280,000 to £443,325 over the twelve years and three months to December 2024, the following assumptions must hold true:

• The value of GREENACRES has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2011 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of GREENACRES has not materially changed since March 2011.

How Large is GREENACRES?

GREENACRES is 174m² according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses houses in Mount Hawke, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mount Hawke, and where GREENACRES lies on this distribution: 95% of detached houses houses are smaller than GREENACRES, and 5% of houses are larger. Note that EPC data is not available for all properties in Mount Hawke.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 1.9 acres, or 7,798m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on SHORT CROSS ROAD in MOUNT HAWKE, in the TR4 postcode district. The below map shows the position of GREENACRES on SHORT CROSS ROAD.