WESTSIDE, PERRANWELL STATION, TRURO, TR3 7JT - £540,000

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.

WESTSIDE is a very large extended detached house of 223m², built sometime between 1976 and 1982, which could now be worth an estimated £694,320. It was last sold for £540,000 in February 2019, which was around 59% above the average February 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

WESTSIDE Sold Prices

Land registry data shows four sales for WESTSIDE 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 WESTSIDE 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
2019 22 FEB	£540,000	£340,052	59% above HPI
2007 31 JUL	£462,500	£295,243	57% above HPI
2003 28 MAR	£192,000	£202,056	5% below HPI
2000 20 OCT	£120,000	£124,470	4% below HPI

WESTSIDE 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 WESTSIDE sales between October 2000 and February 2019 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 July 2007 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the February 2019 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might WESTSIDE be worth now?

WESTSIDE might now be worth an estimated £694,320.

This is based on house price inflation of 28.6%, between February 2019 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 28.6% inflationary increase is applied to the most recent sale price for WESTSIDE of £540,000 on 22nd February 2019. For the value to have increased from £540,000 to £694,320 over the six years to February 2025, the following assumptions must hold true:

• The value of WESTSIDE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2019 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of WESTSIDE has not materially changed since February 2019.

How Large is WESTSIDE?

WESTSIDE is 223m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses houses in Perranwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Perranwell, and where WESTSIDE lies on this distribution: 90% of detached houses houses are smaller than WESTSIDE, and 9% of houses are larger. Note that EPC data is not available for all properties in Perranwell.

WESTSIDE: Plot and Title Map

WESTSIDE sits on a plot of roughly 0.212 of an acre, or 858m². The below map shows the location of WESTSIDE, 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 WESTSIDE). 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 WESTSIDE?

WESTSIDE is located in PERRANWELL STATION, in the TR3 postcode district. The below map shows the position of WESTSIDE in PERRANWELL STATION.