1, THE FORGE, CARNON DOWNS, TRURO, TR3 6JP - £280,000

1 THE FORGE is a large extended detached house of 118m², built sometime between 1991 and 1995. It was last sold for £280,000 in October 2012, which was around 5% above the average October 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

1 THE FORGE Sold Prices

Land registry data shows four sales for 1 THE FORGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four 1 THE FORGE 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
2012 5 OCT	£280,000	£265,698	5% above HPI
2005 19 APR	£233,500	£253,505	8% below HPI
1997 12 DEC	£102,950	£85,978	20% above HPI
1995 10 MAR	£92,000	£70,069	31% above HPI

1 THE FORGE 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 four 1 THE FORGE sales between March 1995 and October 2012 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 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2012 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 1 THE FORGE?

1 THE FORGE is 118m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the largest 40% of detached houses in Carnon Downs, based on EPC data. The below chart shows the distribution of detached houses by size in Carnon Downs, and where 1 THE FORGE lies on this distribution: 62% of detached houses are smaller than 1 THE FORGE, and 38% of houses are larger. Note that EPC data is not available for all properties in Carnon Downs.

1 THE FORGE: Plot and Title Map

1 THE FORGE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 1 THE FORGE, 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 FORGE). 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 THE FORGE?

1 THE FORGE is located in CARNON DOWNS, in the TR3 postcode district. The below map shows the position of No. 1 on THE FORGE.