TREWEL, LERRYN, LOSTWITHIEL, PL22 0QA - £335,000

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.

TREWEL is a very small extended detached house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £383,911. It was last sold for £335,000 in May 2021, which was around 12% below the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2020, where the current energy rating was F, and the potential energy rating was C.

TREWEL Sold Prices

Land registry data shows two sales for TREWEL 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 TREWEL sales 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
2021 28 MAY	£335,000	£381,527	12% below HPI
2005 29 NOV	£195,000	£265,882	27% below HPI

TREWEL 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 TREWEL sales from November 2005 and May 2021 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 2005 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might TREWEL be worth now?

TREWEL might now be worth an estimated £383,911.

This is based on house price inflation of 14.6%, between May 2021 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 14.6% inflationary increase is applied to the most recent sale price for TREWEL of £335,000 on 28th May 2021. For the value to have increased from £335,000 to £383,911 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of TREWEL has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2021 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of TREWEL has not materially changed since May 2021.

How Large is TREWEL?

TREWEL is 66m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses houses in Lerryn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lerryn, and where TREWEL lies on this distribution: 9% of detached houses houses are smaller than TREWEL, and 91% of houses are larger. Note that EPC data is not available for all properties in Lerryn.

TREWEL: Plot and Title Map

TREWEL sits on a plot of roughly 0.691 of an acre, or 2,796m². The below map shows the location of TREWEL, 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 TREWEL). 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 TREWEL?

TREWEL is located in LERRYN, in the PL22 postcode district. The below map shows the position of TREWEL in LERRYN.