3, PARC MERYS, PORTSCATHO, TRURO, TR2 5UU - £740,000

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 PARC MERYS is a small extended detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £702,719. It was last sold for £740,000 in May 2022, which was around 69% above the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

3 PARC MERYS Sold Prices

Land registry data shows two sales for 3 PARC MERYS 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 PARC MERYS sales were 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
2022 18 MAY	£740,000	£439,140	69% above HPI
2003 30 SEP	£305,000	£221,521	38% above HPI

3 PARC MERYS 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 PARC MERYS sales from September 2003 and May 2022 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 September 2003 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2022 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might 3 PARC MERYS be worth now?

3 PARC MERYS might now be worth an estimated £702,719.

This is based on house price deflation of 5%, between May 2022 and June 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 5% deflationary decrease is applied to the most recent sale price for 3 PARC MERYS of £740,000 on 18th May 2022. For the value to have decreased from £740,000 to £702,719 over the two years and eleven months to June 2025, the following assumptions must hold true:

• The value of 3 PARC MERYS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2022 sale price of £740,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARC MERYS has not materially changed since May 2022.

How Large is 3 PARC MERYS?

3 PARC MERYS is 95m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses houses in Portscatho, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portscatho, and where 3 PARC MERYS lies on this distribution: 24% of detached houses houses are smaller than 3 PARC MERYS, and 76% of houses are larger. Note that EPC data is not available for all properties in Portscatho.

3 PARC MERYS: Plot and Title Map

3 PARC MERYS sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 3 PARC MERYS, 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 PARC MERYS). 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 PARC MERYS?

3 PARC MERYS is located in PORTSCATHO, in the TR2 postcode district. The below map shows the position of No. 3 on PARC MERYS.