MILLSTREAM, BANNS ROAD, MOUNT HAWKE, TRURO, TR4 8BW - £405,000

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

MILLSTREAM is a very large extended detached house of 145m², built sometime between 1950 and 1966. It was last sold for £405,000 in April 2020, which was around 20% above the average April 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

MILLSTREAM Sold Prices

Land registry data shows three sales for MILLSTREAM since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three MILLSTREAM sales were 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
2020 17 APR	£405,000	£338,451	20% above HPI
2004 28 OCT	£295,000	£255,372	16% above HPI
2002 23 JAN	£179,950	£144,481	25% above HPI

MILLSTREAM 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 three MILLSTREAM sales between January 2002 and April 2020 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 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the April 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is MILLSTREAM?

MILLSTREAM is 145m², which includes four extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 20% of detached houses in Mount Hawke, based on EPC data. The below chart shows the distribution of detached houses by size in Mount Hawke, and where MILLSTREAM lies on this distribution: 85% of detached houses are smaller than MILLSTREAM, and 15% of houses are larger. Note that EPC data is not available for all properties in Mount Hawke.

MILLSTREAM: Plot and Title Map

MILLSTREAM sits on a plot of roughly 143.7 acres, or 581,525m². The below map shows the location of MILLSTREAM, 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 MILLSTREAM). 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 MILLSTREAM?

MILLSTREAM is located on BANNS ROAD in MOUNT HAWKE, in the TR4 postcode district. The below map shows the position of MILLSTREAM on BANNS ROAD.