1, LODGE DRIVE, TRURO, TR1 1TX - £335,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 LODGE DRIVE is a large extended detached house of 136m², built sometime between 1967 and 1975, which could now be worth an estimated £334,132. It was last sold for £335,000 in November 2024, which was around 25% below the average November 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

1 LODGE DRIVE Sold Prices

Land registry data shows two sales for 1 LODGE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the two 1 LODGE DRIVE sales was for below the average price, whilst the other was 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
2024 15 NOV	£335,000	£445,157	25% below HPI
1999 16 APR	£122,000	£94,624	29% above HPI

1 LODGE DRIVE 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 two 1 LODGE DRIVE sales from April 1999 and November 2024 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 April 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 1 LODGE DRIVE be worth now?

1 LODGE DRIVE might now be worth an estimated £334,132.

This is based on house price deflation of 0.3%, between November 2024 and December 2024, 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 0.3% deflationary decrease is applied to the most recent sale price for 1 LODGE DRIVE of £335,000 on 15th November 2024. For the value to have decreased from £335,000 to £334,132 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 1 LODGE DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2024 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LODGE DRIVE has not materially changed since November 2024.

How Large is 1 LODGE DRIVE?

1 LODGE DRIVE is 136m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where 1 LODGE DRIVE lies on this distribution: 68% of detached houses houses are smaller than 1 LODGE DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Truro.

1 LODGE DRIVE: Plot and Title Map

1 LODGE DRIVE sits on a plot of roughly 80.5 acres, or 325,657m². The below map shows the location of 1 LODGE DRIVE, 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 1 LODGE DRIVE). 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 1 LODGE DRIVE?

1 LODGE DRIVE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 1 on LODGE DRIVE.