SPRING LEAP, OLD CARNON HILL, CARNON DOWNS, TRURO, TR3 6LF - £295,000

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.

SPRING LEAP is a midsized detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £447,418. It was last sold for £295,000 in July 2012, which was around 4% above the average July 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

SPRING LEAP Sold Prices

Land registry data shows one sale for SPRING LEAP since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 30 JUL	£295,000	£282,597	4% above HPI

What might SPRING LEAP be worth now?

SPRING LEAP might now be worth an estimated £447,418.

This is based on house price inflation of 51.7%, between July 2012 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 51.7% inflationary increase is applied to the most recent sale price for SPRING LEAP of £295,000 on 30th July 2012. For the value to have increased from £295,000 to £447,418 over the fourteen years and two months to May 2026, the following assumptions must hold true:

• The value of SPRING LEAP has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2012 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING LEAP has not materially changed since July 2012.

How Large is SPRING LEAP?

SPRING LEAP is 100m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of detached houses in Carnon Downs, based on EPC data. The below chart shows the distribution of detached houses by size in Carnon Downs, and where SPRING LEAP lies on this distribution: 43% of detached houses are smaller than SPRING LEAP, and 56% of detached houses are larger. Note that EPC data is not available for all properties in Carnon Downs.

SPRING LEAP: Plot

SPRING LEAP sits on a plot of roughly 0.247 of an acre, or 999m².

Where is SPRING LEAP?

SPRING LEAP is located on OLD CARNON HILL in CARNON DOWNS, in the TR3 postcode district.