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Cherry Tree Cottage, 3, Driving Lane, Par, Cornwall, PL24 2RH

How much is Cherry Tree Cottage, 3, Driving Lane, Par, Cornwall, PL24 2RH worth?

Estimated value — November 2026

£474,000

Likely range £391,000 – £573,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale December 2007

63%

confidence

Medium

Typically within 9% of the sale price

Property details

Detached house

Driving Lane · Par · PL24 2RH

Address

District
Cornwall
County
Cornwall
See house prices in PL24 →

Value over time

  • Modelled value
  • Recorded sale
  • Projected
  • Likely range (80%)
  • Today's estimate
£200k£300k£400k£500k£600k£700k2008201020122014201620182020202220242026£474,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely rangeRecorded sale
2007£382,500£382,500 – £382,500£382,500
2008£331,078£288,663 – £397,883—
2009£336,507£291,905 – £391,174—
2010£353,505£303,846 – £410,306—
2011£339,104£288,831 – £394,481—
2012£331,963£280,478 – £389,180—
2013£340,208£285,322 – £400,956—
2014£355,558£296,810 – £419,172—
2015£375,376£312,165 – £443,286—
2016£373,442£309,052 – £442,284—
2017£390,910£321,727 – £465,318—
2018£403,216£330,736 – £481,213—
2019£407,948£333,726 – £489,279—
2020£450,826£369,575 – £542,012—
2021£483,236£396,287 – £583,012—
2022£535,572£439,804 – £648,096—
2023£503,574£427,992 – £593,726—
2024£495,862£416,786 – £590,181—
2025£478,492£397,698 – £574,861—
2026£474,000£391,000 – £573,000—

Sale history

2007Sold
£382,500
2026Today — estimated
+24%£474,000

Mortgage calculator

£2,544

Estimated monthly repayment

£426,600

Loan amount

£489,235

Total interest

£915,835

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

Cherry Tree Cottage, 3, Driving Lane, Par, Cornwall, PL24 2RH is a detached house on Driving Lane in Par, Cornwall. Stede's estimated value for November 2026 is £474,000. Four in five similar homes sold within their likely range when tested; for this property that range is £391,000 to £573,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 101 similar homes in the same postcode sector (25%). The confidence score is 63 out of 100 (medium): estimates like this one are typically within 9% of the eventual sale price.

It last sold in December 2007 for £382,500. The current estimate is 24% higher than that price. The current owner has held it for about 19 years.

The modelled value is down 2% over the past year and down 1% over the past five years.

Among 5 nearby properties Stede tracks in the PL24 area, estimated values run from £227,000 to £566,000. This detached house's £474,000 sits toward the upper end of that range.

Common questions

How much is Cherry Tree Cottage, 3, Driving Lane, Par, Cornwall, PL24 2RH worth?

Stede estimates Cherry Tree Cottage, 3, Driving Lane, Par, Cornwall, PL24 2RH is worth £474,000 as of November 2026, within a likely range of £391,000 to £573,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did Cherry Tree Cottage, 3, Driving Lane, Par, Cornwall, PL24 2RH last sell?

It last sold in December 2007 for £382,500.

What type of property is Cherry Tree Cottage, 3, Driving Lane, Par, Cornwall, PL24 2RH?

It is recorded as a Detached house on Driving Lane in the PL24 postcode area.

How reliable is this estimate?

The confidence score is 63 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 9% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 101 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 65,243 real sales of similar homes.

  • Its sale in December 2007, brought up to today with the House Price Index£525,47475%
  • 101 similar homes sold recently in the same postcode sector£319,50725%

Estimate £474,000, likely £391,000 – £573,000

Read the full methodology and data sources →