3, NEW ROAD, STITHIANS, TRURO, TR3 7BN - £158,000

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 NEW ROAD is a very small extended terraced house of 71m², built sometime before 1900, which could now be worth an estimated £249,197. It was last sold for £158,000 in December 2005, which was around 8% above the average December 2005 terraced price in the Cornwall local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

3 NEW ROAD Sold Prices

Land registry data shows three sales for 3 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Two of the three 3 NEW ROAD sales were for above the average price, whilst one was 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
2005 13 DEC	£158,000	£146,209	8% above HPI
1999 4 JUN	£59,950	£48,224	24% above HPI
1996 9 AUG	£36,500	£37,309	2% below HPI

3 NEW ROAD 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 three 3 NEW ROAD sales between August 1996 and December 2005 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 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2005 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 3 NEW ROAD be worth now?

3 NEW ROAD might now be worth an estimated £249,197.

This is based on house price inflation of 57.7%, between December 2005 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 57.7% inflationary increase is applied to the most recent sale price for 3 NEW ROAD of £158,000 on 13th December 2005. For the value to have increased from £158,000 to £249,197 over the 21 years and seven months to May 2026, the following assumptions must hold true:

• The value of 3 NEW ROAD has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The December 2005 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NEW ROAD has not materially changed since December 2005.

How Large is 3 NEW ROAD?

3 NEW ROAD is 71m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of terraced houses houses in Stithians, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stithians, and where 3 NEW ROAD lies on this distribution: 11% of terraced houses houses are smaller than 3 NEW ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Stithians.

3 NEW ROAD: Plot and Title Map

3 NEW ROAD sits on a plot of roughly 78.2 acres, or 316,406m². The below map shows the location of 3 NEW ROAD, 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 NEW ROAD). 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 NEW ROAD?

3 NEW ROAD is located in STITHIANS, in the TR3 postcode district. The below map shows the position of No. 3 on NEW ROAD.