HIGHCROFT, ALBASTON, GUNNISLAKE, PL18 9EZ - £327,500

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.

HIGHCROFT is a large detached house of 139m², built sometime between 2007 and 2011, which could now be worth an estimated £401,781. It was last sold for £327,500 in August 2019, which was around 5% below the average August 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was A.

HIGHCROFT Sold Prices

Land registry data shows two sales for HIGHCROFT 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 HIGHCROFT 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
2019 7 AUG	£327,500	£345,037	5% below HPI
2015 17 AUG	£285,000	£303,660	6% below HPI

HIGHCROFT 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 HIGHCROFT sales from August 2015 and August 2019 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 August 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might HIGHCROFT be worth now?

HIGHCROFT might now be worth an estimated £401,781.

This is based on house price inflation of 22.7%, between August 2019 and April 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 22.7% inflationary increase is applied to the most recent sale price for HIGHCROFT of £327,500 on 7th August 2019. For the value to have increased from £327,500 to £401,781 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of HIGHCROFT has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2019 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of HIGHCROFT has not materially changed since August 2019.

How Large is HIGHCROFT?

HIGHCROFT is 139m² according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses houses in Gunnislake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gunnislake, and where HIGHCROFT lies on this distribution: 77% of detached houses houses are smaller than HIGHCROFT, and 22% of houses are larger. Note that EPC data is not available for all properties in Gunnislake.

HIGHCROFT: Plot and Title Map

HIGHCROFT sits on a plot of roughly 102.9 acres, or 416,563m². The below map shows the location of HIGHCROFT, 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 HIGHCROFT). 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 HIGHCROFT?

HIGHCROFT is located in ALBASTON, in the PL18 postcode district. The below map shows the position of HIGHCROFT in ALBASTON.