LOWER DOWN, PENPOL, DEVORAN, TRURO, TR3 6NP - £400,000

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.

LOWER DOWN is a large extended detached house of 192m², built sometime between 1950 and 1966, which could now be worth an estimated £616,223. It was last sold for £400,000 in April 2011, which was around 46% above the average April 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

LOWER DOWN Sold Prices

Land registry data shows one sale for LOWER DOWN 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
2011 12 APR	£400,000	£274,768	46% above HPI

What might LOWER DOWN be worth now?

LOWER DOWN might now be worth an estimated £616,223.

This is based on house price inflation of 54.1%, between April 2011 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 54.1% inflationary increase is applied to the most recent sale price for LOWER DOWN of £400,000 on 12th April 2011. For the value to have increased from £400,000 to £616,223 over the fifteen years to April 2026, the following assumptions must hold true:

• The value of LOWER DOWN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2011 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of LOWER DOWN has not materially changed since April 2011.

How Large is LOWER DOWN?

LOWER DOWN is 192m², which includes three extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses in Penpol, based on EPC data. The below chart shows the distribution of detached houses by size in Penpol, and where LOWER DOWN lies on this distribution: 69% of detached houses are smaller than LOWER DOWN, and 29% of detached houses are larger. Note that EPC data is not available for all properties in Penpol.

Where is LOWER DOWN?

LOWER DOWN is located on PENPOL in DEVORAN, in the TR3 postcode district.