KOFEL, LOWER POLSTAIN ROAD, THREEMILESTONE, TRURO, TR3 6BQ - £180,000

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.

KOFEL is a very small extended detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £259,177. It was last sold for £180,000 in August 2015, which was around 41% below the average August 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.

KOFEL Sold Prices

Land registry data shows two sales for KOFEL 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 KOFEL 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
2015 27 AUG	£180,000	£303,660	41% below HPI
1998 22 MAY	£55,000	£88,982	38% below HPI

KOFEL 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 KOFEL sales from May 1998 and August 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 May 1998 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might KOFEL be worth now?

KOFEL might now be worth an estimated £259,177.

This is based on house price inflation of 44%, between August 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 44% inflationary increase is applied to the most recent sale price for KOFEL of £180,000 on 27th August 2015. For the value to have increased from £180,000 to £259,177 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of KOFEL has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of KOFEL has not materially changed since August 2015.

How Large is KOFEL?

KOFEL is 72m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses houses in Threemilestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Threemilestone, and where KOFEL lies on this distribution: 10% of detached houses houses are smaller than KOFEL, and 89% of houses are larger. Note that EPC data is not available for all properties in Threemilestone.

KOFEL: Plot and Title Map

KOFEL sits on a plot of roughly 294.6 acres, or 1,192,168m². The below map shows the location of KOFEL, 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 KOFEL). 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 KOFEL?

KOFEL is located on LOWER POLSTAIN ROAD in THREEMILESTONE, in the TR3 postcode district. The below map shows the position of KOFEL on LOWER POLSTAIN ROAD.