1, THE MEADOW, TRURO, TR1 3NG - £222,500

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.

1 THE MEADOW is a small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £347,750. It was last sold for £222,500 in November 2011, which was around 19% below the average November 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

1 THE MEADOW Sold Prices

Land registry data shows three sales for 1 THE MEADOW 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 1 THE MEADOW 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
2011 22 NOV	£222,500	£276,318	19% below HPI
2011 15 APR	£160,000	£274,768	42% below HPI
1997 28 JAN	£70,500	£77,837	9% below HPI

1 THE MEADOW 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 1 THE MEADOW sales between January 1997 and November 2011 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 April 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2011 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 THE MEADOW be worth now?

1 THE MEADOW might now be worth an estimated £347,750.

This is based on house price inflation of 56.3%, between November 2011 and July 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 56.3% inflationary increase is applied to the most recent sale price for 1 THE MEADOW of £222,500 on 22nd November 2011. For the value to have increased from £222,500 to £347,750 over the fourteen years and four months to July 2025, the following assumptions must hold true:

• The value of 1 THE MEADOW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2011 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 1 THE MEADOW has not materially changed since November 2011.

How Large is 1 THE MEADOW?

1 THE MEADOW is 91m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% of detached houses houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where 1 THE MEADOW lies on this distribution: 23% of detached houses houses are smaller than 1 THE MEADOW, and 77% of houses are larger. Note that EPC data is not available for all properties in Truro.

1 THE MEADOW: Plot and Title Map

1 THE MEADOW sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 1 THE MEADOW, 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 1 THE MEADOW). 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 1 THE MEADOW?

1 THE MEADOW is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 1 on THE MEADOW.