TRENANCE, WAGG LANE, PROBUS, TRURO, TR2 4JX - £590,000

TRENANCE is a very large extended detached house of 210m², built sometime between 1967 and 1975. It was last sold for £590,000 in June 2021, which was around 52% above the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

TRENANCE Sold Prices

Land registry data shows three sales for TRENANCE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three TRENANCE sales were for above 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
2021 22 JUN	£590,000	£387,509	52% above HPI
2004 10 MAR	£395,000	£231,214	71% above HPI
2002 5 FEB	£150,000	£146,301	3% above HPI

TRENANCE 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 three TRENANCE sales between February 2002 and June 2021 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 March 2004 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the June 2021 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is TRENANCE?

TRENANCE is 210m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses in Probus, based on EPC data. The below chart shows the distribution of detached houses by size in Probus, and where TRENANCE lies on this distribution: 98% of detached houses are smaller than TRENANCE, and 2% of houses are larger. Note that EPC data is not available for all properties in Probus.

TRENANCE: Plot and Title Map

TRENANCE sits on a plot of roughly 0.293 of an acre, or 1,186m². The below map shows the location of TRENANCE, 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 TRENANCE). 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 TRENANCE?

TRENANCE is located on WAGG LANE in PROBUS, in the TR2 postcode district. The below map shows the position of TRENANCE on WAGG LANE.