Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 THE CEDARS is a large detached house of 147m², built sometime between 2003 and 2006. It was last sold for £550,000 in March 2017, which was around 78% above the average March 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 1 THE CEDARS since 1st 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 1 THE CEDARS 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 |
---|---|---|---|
2017 24 MAR | £550,000 | £309,696 | 78% above HPI |
2015 12 MAR | £470,000 | £289,075 | 63% above HPI |
2006 31 JUL | £465,000 | £269,302 | 73% above HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 1 THE CEDARS sales between July 2006 and March 2017 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 2015 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the March 2017 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.
1 THE CEDARS is 147m² according to the EPC inspection conducted in September 2009. This puts it in the largest 30% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 1 THE CEDARS lies on this distribution: 75% of detached houses are smaller than 1 THE CEDARS, and 25% of houses are larger. Note that EPC data is not available for all properties in Truro.
1 THE CEDARS sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 1 THE CEDARS, 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 THE CEDARS). 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.
1 THE CEDARS is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 1 on THE CEDARS.