7, ELM MEADOW, FEOCK, TRURO, TR3 6RN - £225,000

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.

7 ELM MEADOW is a very small detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £255,739. It was last sold for £225,000 in February 2021, which was around 42% below the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was B.

7 ELM MEADOW Sold Prices

Land registry data shows two sales for 7 ELM MEADOW 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 7 ELM MEADOW 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
2021 23 FEB	£225,000	£384,678	42% below HPI
1996 20 DEC	£70,500	£76,596	8% below HPI

7 ELM MEADOW 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 7 ELM MEADOW sales from December 1996 and February 2021 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 December 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 7 ELM MEADOW be worth now?

7 ELM MEADOW might now be worth an estimated £255,739.

This is based on house price inflation of 13.7%, between February 2021 and February 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 13.7% inflationary increase is applied to the most recent sale price for 7 ELM MEADOW of £225,000 on 23rd February 2021. For the value to have increased from £225,000 to £255,739 over the four years to February 2025, the following assumptions must hold true:

• The value of 7 ELM MEADOW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELM MEADOW has not materially changed since February 2021.

How Large is 7 ELM MEADOW?

7 ELM MEADOW is 89m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of detached houses houses in Feock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Feock, and where 7 ELM MEADOW lies on this distribution: 6% of detached houses houses are smaller than 7 ELM MEADOW, and 93% of houses are larger. Note that EPC data is not available for all properties in Feock.

7 ELM MEADOW: Plot and Title Map

7 ELM MEADOW sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 7 ELM MEADOW, 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 7 ELM MEADOW). 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 7 ELM MEADOW?

7 ELM MEADOW is located in FEOCK, in the TR3 postcode district. The below map shows the position of No. 7 on ELM MEADOW.