DURLETT, NEW ROAD, STITHIANS, TRURO, TR3 7BN - £221,000

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.

DURLETT is a very small detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £274,961. It was last sold for £221,000 in February 2020, which was around 36% below the average February 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

DURLETT Sold Prices

Land registry data shows two sales for DURLETT 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 DURLETT 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
2020 21 FEB	£221,000	£344,493	36% below HPI
1997 17 JUN	£68,000	£80,742	16% below HPI

DURLETT 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 DURLETT sales from June 1997 and February 2020 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 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2020 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might DURLETT be worth now?

DURLETT might now be worth an estimated £274,961.

This is based on house price inflation of 24.4%, between February 2020 and May 2026, 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 24.4% inflationary increase is applied to the most recent sale price for DURLETT of £221,000 on 21st February 2020. For the value to have increased from £221,000 to £274,961 over the five years and nine months to May 2026, the following assumptions must hold true:

• The value of DURLETT has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2020 sale price of £221,000 represented a fair market value for the property.
• The size, condition, and specification of DURLETT has not materially changed since February 2020.

How Large is DURLETT?

DURLETT is 76m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses houses in Stithians, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stithians, and where DURLETT lies on this distribution: 19% of detached houses houses are smaller than DURLETT, and 75% of houses are larger. Note that EPC data is not available for all properties in Stithians.

DURLETT: Plot and Title Map

DURLETT sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of DURLETT, 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 DURLETT). 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 DURLETT?

DURLETT is located on NEW ROAD in STITHIANS, in the TR3 postcode district. The below map shows the position of DURLETT on NEW ROAD.