SHORTLANDS, PENPOL, DEVORAN, TRURO, TR3 6NP - £1,500,000

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.

SHORTLANDS is a detached house, which could now be worth an estimated £1,464,022. It was last sold for £1,500,000 in May 2022, which was around 242% above the average May 2022 detached price in the Cornwall local authority area.

SHORTLANDS Sold Prices

Land registry data shows one sale for SHORTLANDS 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
2022 18 MAY	£1,500,000	£439,140	242% above HPI

What might SHORTLANDS be worth now?

SHORTLANDS might now be worth an estimated £1,464,022.

This is based on house price deflation of 2.4%, between May 2022 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 2.4% deflationary decrease is applied to the most recent sale price for SHORTLANDS of £1,500,000 on 18th May 2022. For the value to have decreased from £1,500,000 to £1,464,022 over the four years to May 2026, the following assumptions must hold true:

• The value of SHORTLANDS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2022 sale price of £1,500,000 represented a fair market value for the property.
• The size, condition, and specification of SHORTLANDS has not materially changed since May 2022.

Where is SHORTLANDS?

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