MOROLLATER, VERYAN, TRURO, TR2 5QA - £420,000

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.

MOROLLATER is a midsized extended detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £654,418. It was last sold for £420,000 in August 2013, which was around 50% above the average August 2013 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.

MOROLLATER Sold Prices

Land registry data shows two sales for MOROLLATER 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 MOROLLATER 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
2013 28 AUG	£420,000	£280,611	50% above HPI
1999 19 JUL	£122,500	£97,957	25% above HPI

MOROLLATER 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 MOROLLATER sales from July 1999 and August 2013 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 July 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2013 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might MOROLLATER be worth now?

MOROLLATER might now be worth an estimated £654,418.

This is based on house price inflation of 55.8%, between August 2013 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 55.8% inflationary increase is applied to the most recent sale price for MOROLLATER of £420,000 on 28th August 2013. For the value to have increased from £420,000 to £654,418 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of MOROLLATER has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2013 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of MOROLLATER has not materially changed since August 2013.

How Large is MOROLLATER?

MOROLLATER is 93m², which includes three extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of detached houses houses in Veryan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Veryan, and where MOROLLATER lies on this distribution: 57% of detached houses houses are smaller than MOROLLATER, and 41% of houses are larger. Note that EPC data is not available for all properties in Veryan.

MOROLLATER: Plot and Title Map

MOROLLATER sits on a plot of roughly 0.176 of an acre, or 713m². The below map shows the location of MOROLLATER, 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 MOROLLATER). 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 MOROLLATER?

MOROLLATER is located in VERYAN, in the TR2 postcode district. The below map shows the position of MOROLLATER in VERYAN.