TRECOVA, CRACKINGTON HAVEN, BUDE, EX23 0JS - £450,000

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

TRECOVA is a large detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £466,498. It was last sold for £450,000 in August 2024, which was around 5% above the average August 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2024, where the current energy rating was E, and the potential energy rating was A.

TRECOVA Sold Prices

Land registry data shows two sales for TRECOVA 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 TRECOVA 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
2024 1 AUG	£450,000	£428,301	5% above HPI
2006 16 NOV	£300,000	£286,027	5% above HPI

TRECOVA 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 TRECOVA sales from November 2006 and August 2024 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 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2024 sale, which was also at 5% above the HPI.

What might TRECOVA be worth now?

TRECOVA might now be worth an estimated £466,498.

This is based on house price inflation of 3.7%, between August 2024 and December 2024, 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 3.7% inflationary increase is applied to the most recent sale price for TRECOVA of £450,000 on 1st August 2024. For the value to have increased from £450,000 to £466,498 over the eight months to December 2024, the following assumptions must hold true:

• The value of TRECOVA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2024 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of TRECOVA has not materially changed since August 2024.

How Large is TRECOVA?

TRECOVA is 103m² according to the EPC inspection conducted in February 2024. This puts it in the largest 30% of detached houses houses in Middle Crackington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middle Crackington, and where TRECOVA lies on this distribution: 68% of detached houses houses are smaller than TRECOVA, and 27% of houses are larger. Note that EPC data is not available for all properties in Middle Crackington.

TRECOVA: Plot and Title Map

TRECOVA sits on a plot of roughly 0.342 of an acre, or 1,384m². The below map shows the location of TRECOVA, 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 TRECOVA). 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 TRECOVA?

TRECOVA is located in CRACKINGTON HAVEN, in the EX23 postcode district. The below map shows the position of TRECOVA in CRACKINGTON HAVEN.