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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MOROLLATER is a midsized extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £420,000 in August 2013, which was around 52% 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	£276,259	52% above HPI
1999 19 JUL	£122,500	£96,437	27% 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 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2013 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

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 in Veryan, based on EPC data. The below chart shows the distribution of detached houses by size in Veryan, and where MOROLLATER lies on this distribution: 55% of detached houses are smaller than MOROLLATER, and 43% 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.