MANDALAY, TRISPEN, TRURO, TR4 9BQ - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MANDALAY is a midsized detached house of 103m², built sometime between 1983 and 1990. It was last sold for £285,000 in November 2014, which was around 2% below the average November 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

MANDALAY Sold Prices

Land registry data shows two sales for MANDALAY 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 MANDALAY sales was for below 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
2014 28 NOV	£285,000	£291,705	2% below HPI
1999 2 NOV	£120,000	£101,894	18% above HPI

MANDALAY 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 MANDALAY sales from November 1999 and November 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 1999 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is MANDALAY?

MANDALAY is 103m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 50% of detached houses in Trispen, based on EPC data. The below chart shows the distribution of detached houses by size in Trispen, and where MANDALAY lies on this distribution: 43% of detached houses are smaller than MANDALAY, and 57% of houses are larger. Note that EPC data is not available for all properties in Trispen.

MANDALAY: Plot and Title Map

MANDALAY sits on a plot of roughly 0.150 of an acre, or 605m². The below map shows the location of MANDALAY, 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 MANDALAY). 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 MANDALAY?

MANDALAY is located in TRISPEN, in the TR4 postcode district. The below map shows the position of MANDALAY in TRISPEN.