3, FORTH AN TRE, PHILLACK, HAYLE, TR27 4QQ - £220,000

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.

3 FORTH AN TRE is a very small detached house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £302,765. It was last sold for £220,000 in July 2017, which was around 31% below the average July 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

3 FORTH AN TRE Sold Prices

Land registry data shows two sales for 3 FORTH AN TRE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 3 FORTH AN TRE 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
2017 7 JUL	£220,000	£317,708	31% below HPI
1995 23 JAN	£62,500	£70,240	11% below HPI

3 FORTH AN TRE 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 two 3 FORTH AN TRE sales from January 1995 and July 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 January 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2017 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 3 FORTH AN TRE be worth now?

3 FORTH AN TRE might now be worth an estimated £302,765.

This is based on house price inflation of 37.6%, between July 2017 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 37.6% inflationary increase is applied to the most recent sale price for 3 FORTH AN TRE of £220,000 on 7th July 2017. For the value to have increased from £220,000 to £302,765 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 3 FORTH AN TRE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2017 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FORTH AN TRE has not materially changed since July 2017.

How Large is 3 FORTH AN TRE?

3 FORTH AN TRE is 62m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hayle, and where 3 FORTH AN TRE lies on this distribution: 6% of detached houses houses are smaller than 3 FORTH AN TRE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hayle.

3 FORTH AN TRE: Plot and Title Map

3 FORTH AN TRE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 3 FORTH AN TRE, 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 3 FORTH AN TRE). 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 3 FORTH AN TRE?

3 FORTH AN TRE is located in PHILLACK, in the TR27 postcode district. The below map shows the position of No. 3 on FORTH AN TRE.