SERENITY, SILVER HILL, PERRANWELL STATION, TRURO, TR3 7LP - £476,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SERENITY is a midsized detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £759,605. It was last sold for £476,500 in September 2012, which was around 74% above the average September 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

SERENITY Sold Prices

Land registry data shows three sales for SERENITY 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 SERENITY 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
2012 4 SEP	£476,500	£274,275	74% above HPI
2008 10 JUL	£465,000	£286,766	62% above HPI
1996 25 OCT	£129,950	£76,556	70% above HPI

SERENITY 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 SERENITY sales between October 1996 and September 2012 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 2008 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the September 2012 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might SERENITY be worth now?

SERENITY might now be worth an estimated £759,605.

This is based on house price inflation of 59.4%, between September 2012 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 59.4% inflationary increase is applied to the most recent sale price for SERENITY of £476,500 on 4th September 2012. For the value to have increased from £476,500 to £759,605 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of SERENITY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2012 sale price of £476,500 represented a fair market value for the property.
• The size, condition, and specification of SERENITY has not materially changed since September 2012.

How Large is SERENITY?

SERENITY is 133m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% of detached houses houses in Perranwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Perranwell, and where SERENITY lies on this distribution: 43% of detached houses houses are smaller than SERENITY, and 57% of houses are larger. Note that EPC data is not available for all properties in Perranwell.

SERENITY: Plot and Title Map

SERENITY sits on a plot of roughly 0.535 of an acre, or 2,164m². The below map shows the location of SERENITY, 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 SERENITY). 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 SERENITY?

SERENITY is located on SILVER HILL in PERRANWELL STATION, in the TR3 postcode district. The below map shows the position of SERENITY on SILVER HILL.