TRELEVRA, GROVE HILL, MAWNAN SMITH, FALMOUTH, TR11 5ER - £950,000

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

TRELEVRA is a large detached house of 170m², built in 2021. It was last sold for £950,000 in September 2023, which was around 114% above the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was A.

TRELEVRA Sold Prices

Land registry data shows three sales for TRELEVRA 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. One of the three TRELEVRA sales was for above the average price, whilst two were 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
2023 18 SEP	£950,000	£444,914	114% above HPI
2021 24 JUN	£350,000	£387,509	10% below HPI
2017 24 MAY	£265,000	£309,830	14% below HPI

TRELEVRA 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 TRELEVRA sales between May 2017 and September 2023 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 June 2021 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2023 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

How Large is TRELEVRA?

TRELEVRA is 170m² according to the EPC inspection conducted in July 2023. This puts it in the largest 30% of detached houses in Mawnan Smith, based on EPC data. The below chart shows the distribution of detached houses by size in Mawnan Smith, and where TRELEVRA lies on this distribution: 75% of detached houses are smaller than TRELEVRA, and 23% of houses are larger. Note that EPC data is not available for all properties in Mawnan Smith.

TRELEVRA: Plot and Title Map

TRELEVRA sits on a plot of roughly 0.193 of an acre, or 782m². The below map shows the location of TRELEVRA, 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 TRELEVRA). 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 TRELEVRA?

TRELEVRA is located on GROVE HILL in MAWNAN SMITH, in the TR11 postcode district. The below map shows the position of TRELEVRA on GROVE HILL.