WAVERLEY, HOUNSTER HILL, MILLBROOK, TORPOINT, PL10 1AJ - £255,000

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.

WAVERLEY is a small detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £369,451. It was last sold for £255,000 in July 2015, which was around 16% below the average July 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

WAVERLEY Sold Prices

Land registry data shows three sales for WAVERLEY 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. All of the three WAVERLEY 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
2015 3 JUL	£255,000	£301,783	16% below HPI
2011 12 AUG	£245,000	£275,174	11% below HPI
1996 4 OCT	£70,000	£76,556	9% below HPI

WAVERLEY 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 WAVERLEY sales between October 1996 and July 2015 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 August 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2015 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might WAVERLEY be worth now?

WAVERLEY might now be worth an estimated £369,451.

This is based on house price inflation of 44.9%, between July 2015 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 44.9% inflationary increase is applied to the most recent sale price for WAVERLEY of £255,000 on 3rd July 2015. For the value to have increased from £255,000 to £369,451 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of WAVERLEY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2015 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of WAVERLEY has not materially changed since July 2015.

How Large is WAVERLEY?

WAVERLEY is 96m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of detached houses houses in Millbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Millbrook, and where WAVERLEY lies on this distribution: 36% of detached houses houses are smaller than WAVERLEY, and 64% of houses are larger. Note that EPC data is not available for all properties in Millbrook.

WAVERLEY: Plot and Title Map

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

WAVERLEY is located on HOUNSTER HILL in MILLBROOK, in the PL10 postcode district. The below map shows the position of WAVERLEY on HOUNSTER HILL.