1, LYCHGATE DRIVE, TRURO, TR1 3UE - £317,500

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 LYCHGATE DRIVE is a small extended detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £499,911. It was last sold for £317,500 in October 2013, which was around 13% above the average October 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

1 LYCHGATE DRIVE Sold Prices

Land registry data shows two sales for 1 LYCHGATE 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. Both of the two 1 LYCHGATE DRIVE 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
2013 3 OCT	£317,500	£281,992	13% above HPI
1999 6 AUG	£120,000	£99,651	20% above HPI

1 LYCHGATE 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 LYCHGATE DRIVE sales from August 1999 and October 2013 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 August 1999 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2013 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 1 LYCHGATE DRIVE be worth now?

1 LYCHGATE DRIVE might now be worth an estimated £499,911.

This is based on house price inflation of 57.5%, between October 2013 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 57.5% inflationary increase is applied to the most recent sale price for 1 LYCHGATE DRIVE of £317,500 on 3rd October 2013. For the value to have increased from £317,500 to £499,911 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 1 LYCHGATE DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2013 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 1 LYCHGATE DRIVE has not materially changed since October 2013.

How Large is 1 LYCHGATE DRIVE?

1 LYCHGATE DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% 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 LYCHGATE DRIVE lies on this distribution: 23% of detached houses houses are smaller than 1 LYCHGATE DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Truro.

1 LYCHGATE DRIVE: Plot and Title Map

1 LYCHGATE DRIVE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 1 LYCHGATE 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 LYCHGATE 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 LYCHGATE DRIVE?

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