12, BEECHWOOD PARC, TRURO, TR1 1FA - £174,325

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.

12 BEECHWOOD PARC is a very small terraced house of 68m², built in 2008, which could now be worth an estimated £218,697. It was last sold for £174,325 in August 2019, which was around 5% below the average August 2019 terraced price in the Cornwall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was C.

12 BEECHWOOD PARC Sold Prices

Land registry data shows two sales for 12 BEECHWOOD PARC since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. One of the two 12 BEECHWOOD PARC sales was for below the average price, whilst the other was for above 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 2 AUG	£174,325	£183,813	5% below HPI
2012 31 MAY	£192,000	£153,007	25% above HPI

12 BEECHWOOD PARC Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The two 12 BEECHWOOD PARC sales from May 2012 and August 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 May 2012 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 12 BEECHWOOD PARC be worth now?

12 BEECHWOOD PARC might now be worth an estimated £218,697.

This is based on house price inflation of 25.5%, between August 2019 and May 2026, for terraced 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 25.5% inflationary increase is applied to the most recent sale price for 12 BEECHWOOD PARC of £174,325 on 2nd August 2019. For the value to have increased from £174,325 to £218,697 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 12 BEECHWOOD PARC has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The August 2019 sale price of £174,325 represented a fair market value for the property.
• The size, condition, and specification of 12 BEECHWOOD PARC has not materially changed since August 2019.

How Large is 12 BEECHWOOD PARC?

12 BEECHWOOD PARC is 68m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of terraced houses houses in Truro, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Truro, and where 12 BEECHWOOD PARC lies on this distribution: 4% of terraced houses houses are smaller than 12 BEECHWOOD PARC, and 95% of houses are larger. Note that EPC data is not available for all properties in Truro.

12 BEECHWOOD PARC: Plot and Title Map

12 BEECHWOOD PARC sits on a plot of roughly 2.2 acres, or 8,964m². The below map shows the location of 12 BEECHWOOD PARC, 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 12 BEECHWOOD PARC). 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 12 BEECHWOOD PARC?

12 BEECHWOOD PARC is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 12 on BEECHWOOD PARC.