4, HUGOS MILL, TRURO, TR1 3FP - £245,000

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.

4 HUGOS MILL is a small terraced house of 89m², built in 2012, which could now be worth an estimated £314,789. It was last sold for £245,000 in March 2018, which was around 38% above the average March 2018 terraced price in the Cornwall local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

4 HUGOS MILL Sold Prices

Land registry data shows two sales for 4 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 4 HUGOS MILL 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
2018 16 MAR	£245,000	£177,463	38% above HPI
2012 28 SEP	£217,000	£149,855	45% above HPI

4 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 4 HUGOS MILL sales from September 2012 and March 2018 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 2012 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the March 2018 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 4 HUGOS MILL be worth now?

4 HUGOS MILL might now be worth an estimated £314,789.

This is based on house price inflation of 28.5%, between March 2018 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 28.5% inflationary increase is applied to the most recent sale price for 4 HUGOS MILL of £245,000 on 16th March 2018. For the value to have increased from £245,000 to £314,789 over the seven years and eight months to July 2026, the following assumptions must hold true:

• The value of 4 HUGOS MILL has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The March 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HUGOS MILL has not materially changed since March 2018.

How Large is 4 HUGOS MILL?

4 HUGOS MILL is 89m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% 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 4 HUGOS MILL lies on this distribution: 20% of terraced houses houses are smaller than 4 HUGOS MILL, and 79% of houses are larger. Note that EPC data is not available for all properties in Truro.

4 HUGOS MILL: Plot and Title Map

4 HUGOS MILL sits on a plot of roughly 0.038 of an acre, or 154m². The below map shows the location of 4 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 4 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 4 HUGOS MILL?

4 HUGOS MILL is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 4 on HUGOS MILL.