PRIORY COTTAGE, TRISPEN, TRURO, TR4 9BQ - £425,000

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.

PRIORY COTTAGE is a very large extended detached house of 159m², built sometime before 1900, which could now be worth an estimated £524,456. It was last sold for £425,000 in August 2020, which was around 20% above the average August 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was F, and the potential energy rating was D.

PRIORY COTTAGE Sold Prices

Land registry data shows two sales for PRIORY COTTAGE 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 PRIORY COTTAGE sales was for above the average price, whilst the other was 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
2020 28 AUG	£425,000	£354,316	20% above HPI
2015 30 NOV	£231,000	£311,376	26% below HPI

PRIORY COTTAGE 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 PRIORY COTTAGE sales from November 2015 and August 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 November 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2020 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might PRIORY COTTAGE be worth now?

PRIORY COTTAGE might now be worth an estimated £524,456.

This is based on house price inflation of 23.4%, between August 2020 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 23.4% inflationary increase is applied to the most recent sale price for PRIORY COTTAGE of £425,000 on 28th August 2020. For the value to have increased from £425,000 to £524,456 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of PRIORY COTTAGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2020 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of PRIORY COTTAGE has not materially changed since August 2020.

How Large is PRIORY COTTAGE?

PRIORY COTTAGE is 159m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 10% of detached houses houses in Trispen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trispen, and where PRIORY COTTAGE lies on this distribution: 97% of detached houses houses are smaller than PRIORY COTTAGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Trispen.

PRIORY COTTAGE: Plot and Title Map

PRIORY COTTAGE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of PRIORY COTTAGE, 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 PRIORY COTTAGE). 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 PRIORY COTTAGE?

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