WATERSIDE, PENPOL, DEVORAN, TRURO, TR3 6NW - £555,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WATERSIDE is a small extended detached house of 123m², built sometime between 1950 and 1966. It was last sold for £555,000 in March 2017, which was around 79% above the average March 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was A.

WATERSIDE Sold Prices

Land registry data shows four sales for WATERSIDE 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 WATERSIDE 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 8 MAR	£555,000	£309,696	79% above HPI
2012 31 OCT	£398,050	£265,698	50% above HPI
2004 1 APR	£175,000	£233,419	25% below HPI
2003 17 DEC	£175,000	£223,843	22% below HPI

WATERSIDE 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 WATERSIDE sales between December 2003 and March 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 October 2012 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the March 2017 sale, where it rises to 79% above the HPI. The line then continues to track at 79% above the HPI.

How Large is WATERSIDE?

WATERSIDE is 123m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the smallest 30% of detached houses in Penpol, based on EPC data. The below chart shows the distribution of detached houses by size in Penpol, and where WATERSIDE lies on this distribution: 24% of detached houses are smaller than WATERSIDE, and 76% of houses are larger. Note that EPC data is not available for all properties in Penpol.

WATERSIDE: Plot and Title Map

WATERSIDE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of WATERSIDE, 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 WATERSIDE). 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 WATERSIDE?

WATERSIDE is located on PENPOL in DEVORAN, in the TR3 postcode district. The below map shows the position of WATERSIDE on PENPOL.