3, HUGOS MILL, TRURO, TR1 3FP - £147,500

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.

3 HUGOS MILL is a very small terraced house of 32m², built sometime from 2012 onwards, which could now be worth an estimated £201,449. It was last sold for £147,500 in March 2016, which was around 12% below the average March 2016 terraced price in the Cornwall local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.

3 HUGOS MILL Sold Prices

Land registry data shows two sales for 3 HUGOS MILL 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. Both of the two 3 HUGOS MILL 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
2016 31 MAR	£147,500	£166,951	12% below HPI
2012 29 JUN	£129,995	£154,443	16% below HPI

3 HUGOS MILL 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 3 HUGOS MILL sales from June 2012 and March 2016 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 June 2012 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 3 HUGOS MILL be worth now?

3 HUGOS MILL might now be worth an estimated £201,449.

This is based on house price inflation of 36.6%, between March 2016 and July 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 36.6% inflationary increase is applied to the most recent sale price for 3 HUGOS MILL of £147,500 on 31st March 2016. For the value to have increased from £147,500 to £201,449 over the nine years and eight months to July 2026, the following assumptions must hold true:

• The value of 3 HUGOS MILL has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The March 2016 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 3 HUGOS MILL has not materially changed since March 2016.

How Large is 3 HUGOS MILL?

3 HUGOS MILL is 32m² according to the EPC inspection conducted in November 2022. 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 3 HUGOS MILL lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 HUGOS MILL, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Truro.

3 HUGOS MILL: Plot and Title Map

3 HUGOS MILL sits on a plot of roughly 0.017 of an acre, or 69m². The below map shows the location of 3 HUGOS MILL, 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 HUGOS MILL). 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 HUGOS MILL?

3 HUGOS MILL is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 3 on HUGOS MILL.