TRESCO, CRELLOW HILL, STITHIANS, TRURO, TR3 7AQ - £365,000

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

TRESCO is a very large extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £365,000 in July 2017, which was around 17% above the average July 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

TRESCO Sold Prices

Land registry data shows four sales for TRESCO since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. two of the four TRESCO sales were for above the average price, and four 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
2017 27 JUL	£365,000	£312,780	17% above HPI
2013 27 MAR	£260,000	£266,636	2% below HPI
2005 7 DEC	£245,000	£260,577	6% below HPI
1997 14 OCT	£110,000	£85,085	29% above HPI

TRESCO 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 four TRESCO sales between October 1997 and July 2017 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 March 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2017 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is TRESCO?

TRESCO is 140m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in Stithians, based on EPC data. The below chart shows the distribution of detached houses by size in Stithians, and where TRESCO lies on this distribution: 82% of detached houses are smaller than TRESCO, and 18% of houses are larger. Note that EPC data is not available for all properties in Stithians.

TRESCO: Plot and Title Map

TRESCO sits on a plot of roughly 78.2 acres, or 316,406m². The below map shows the location of TRESCO, 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 TRESCO). 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 TRESCO?

TRESCO is located on CRELLOW HILL in STITHIANS, in the TR3 postcode district. The below map shows the position of TRESCO on CRELLOW HILL.