KERTREASE, GROVE HILL, MAWNAN SMITH, FALMOUTH, TR11 5ES - £182,500

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.

KERTREASE is a small semi-detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £284,829. It was last sold for £182,500 in June 2014, which was around 1% below the average June 2014 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was November 2022, where the current energy rating was F, and the potential energy rating was C.

KERTREASE Sold Prices

Land registry data shows two sales for KERTREASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. One of the two KERTREASE sales was for below the average price, whilst the other was roughly equal to 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
2014 20 JUN	£182,500	£184,691	1% below HPI
2006 3 NOV	£189,500	£189,127	Close to HPI

KERTREASE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two KERTREASE sales from November 2006 and June 2014 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 November 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2014 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might KERTREASE be worth now?

KERTREASE might now be worth an estimated £284,829.

This is based on house price inflation of 56.1%, between June 2014 and February 2025, for semi-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 56.1% inflationary increase is applied to the most recent sale price for KERTREASE of £182,500 on 20th June 2014. For the value to have increased from £182,500 to £284,829 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of KERTREASE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The June 2014 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of KERTREASE has not materially changed since June 2014.

How Large is KERTREASE?

KERTREASE is 114m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% of semi-detached houses houses in Mawnan Smith, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mawnan Smith, and where KERTREASE lies on this distribution: 35% of semi-detached houses houses are smaller than KERTREASE, and 65% of houses are larger. Note that EPC data is not available for all properties in Mawnan Smith.

KERTREASE: Plot and Title Map

KERTREASE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of KERTREASE, 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 KERTREASE). 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 KERTREASE?

KERTREASE is located on GROVE HILL in MAWNAN SMITH, in the TR11 postcode district. The below map shows the position of KERTREASE on GROVE HILL.