TATRA, CHURCH LANE, CARGREEN, SALTASH, PL12 6NS - £272,500

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.

TATRA is a very small extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £349,595. It was last sold for £272,500 in September 2018, which was around 20% below the average September 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

TATRA Sold Prices

Land registry data shows five sales for TATRA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The five TATRA sales were a mix of below the average price, roughly equal to the average price, and 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
2018 11 SEP	£272,500	£340,810	20% below HPI
2013 19 AUG	£230,000	£280,611	18% below HPI
2006 23 JUN	£273,000	£273,187	Close to HPI
2003 9 MAY	£195,000	£208,837	7% below HPI
1998 30 OCT	£99,000	£92,584	7% above HPI

TATRA 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 five TATRA sales between October 1998 and September 2018 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 August 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2018 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might TATRA be worth now?

TATRA might now be worth an estimated £349,595.

This is based on house price inflation of 28.3%, between September 2018 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 28.3% inflationary increase is applied to the most recent sale price for TATRA of £272,500 on 11th September 2018. For the value to have increased from £272,500 to £349,595 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of TATRA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2018 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of TATRA has not materially changed since September 2018.

How Large is TATRA?

TATRA is 104m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 20% of detached houses houses in Cargreen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cargreen, and where TATRA lies on this distribution: 14% of detached houses houses are smaller than TATRA, and 86% of houses are larger. Note that EPC data is not available for all properties in Cargreen.

TATRA: Plot and Title Map

TATRA sits on a plot of roughly 0.216 of an acre, or 875m². The below map shows the location of TATRA, 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 TATRA). 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 TATRA?

TATRA is located on CHURCH LANE in CARGREEN, in the PL12 postcode district. The below map shows the position of TATRA on CHURCH LANE.