40, MEADOW DRIVE, CAMBORNE, TR14 7JB - £175,000

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.

40 MEADOW DRIVE is a small detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £231,888. It was last sold for £175,000 in May 2017, which was around 44% below the average May 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

40 MEADOW DRIVE Sold Prices

Land registry data shows three sales for 40 MEADOW DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 40 MEADOW DRIVE 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 26 MAY	£175,000	£314,711	44% below HPI
2005 16 SEP	£175,000	£265,746	34% below HPI
1999 1 OCT	£58,000	£101,896	43% below HPI

40 MEADOW DRIVE 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 three 40 MEADOW DRIVE sales between October 1999 and May 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 September 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 40 MEADOW DRIVE be worth now?

40 MEADOW DRIVE might now be worth an estimated £231,888.

This is based on house price inflation of 32.5%, between May 2017 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 32.5% inflationary increase is applied to the most recent sale price for 40 MEADOW DRIVE of £175,000 on 26th May 2017. For the value to have increased from £175,000 to £231,888 over the seven years and eleven months to June 2025, the following assumptions must hold true:

• The value of 40 MEADOW DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2017 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 40 MEADOW DRIVE has not materially changed since May 2017.

How Large is 40 MEADOW DRIVE?

40 MEADOW DRIVE is 74m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of detached houses houses in Camborne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Camborne, and where 40 MEADOW DRIVE lies on this distribution: 26% of detached houses houses are smaller than 40 MEADOW DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Camborne.

40 MEADOW DRIVE: Plot and Title Map

40 MEADOW DRIVE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 40 MEADOW DRIVE, 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 40 MEADOW DRIVE). 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 40 MEADOW DRIVE?

40 MEADOW DRIVE is located in CAMBORNE, in the TR14 postcode district. The below map shows the position of No. 40 on MEADOW DRIVE.