TRESCO, MAENPORTH ROAD, MAENPORTH, FALMOUTH, TR11 5HR - £1,050,000

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.

TRESCO is a very small detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £989,776. It was last sold for £1,050,000 in October 2022, which was around 126% above the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

TRESCO Sold Prices

Land registry data shows two sales for TRESCO 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 TRESCO 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
2022 31 OCT	£1,050,000	£463,835	126% above HPI
2018 19 OCT	£575,000	£341,588	68% 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 two TRESCO sales from October 2018 and October 2022 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 October 2018 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the October 2022 sale, where it rises to 126% above the HPI. The line then continues to track at 126% above the HPI.

What might TRESCO be worth now?

TRESCO might now be worth an estimated £989,776.

This is based on house price deflation of 5.7%, between October 2022 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 5.7% deflationary decrease is applied to the most recent sale price for TRESCO of £1,050,000 on 31st October 2022. For the value to have decreased from £1,050,000 to £989,776 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of TRESCO has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2022 sale price of £1,050,000 represented a fair market value for the property.
• The size, condition, and specification of TRESCO has not materially changed since October 2022.

How Large is TRESCO?

TRESCO is 118m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses houses in Maenporth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maenporth, and where TRESCO lies on this distribution: 14% of detached houses houses are smaller than TRESCO, and 86% of houses are larger. Note that EPC data is not available for all properties in Maenporth.

TRESCO: Plot and Title Map

TRESCO sits on a plot of roughly 0.693 of an acre, or 2,805m². 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 MAENPORTH ROAD in MAENPORTH, in the TR11 postcode district. The below map shows the position of TRESCO on MAENPORTH ROAD.