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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 LODGE DRIVE is a small detached house of 92m², built sometime between 1976 and 1982, which could now be worth an estimated £383,592. It was last sold for £335,000 in March 2021, which was around 12% below the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

10 LODGE DRIVE Sold Prices

Land registry data shows two sales for 10 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. Both of the two 10 LODGE DRIVE sales were for below 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
2021 18 MAR	£335,000	£381,844	12% below HPI
2016 22 JAN	£230,000	£308,479	25% below HPI

10 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 10 LODGE DRIVE sales from January 2016 and March 2021 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 January 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 10 LODGE DRIVE be worth now?

10 LODGE DRIVE might now be worth an estimated £383,592.

This is based on house price inflation of 14.5%, between March 2021 and February 2025, 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 14.5% inflationary increase is applied to the most recent sale price for 10 LODGE DRIVE of £335,000 on 18th March 2021. For the value to have increased from £335,000 to £383,592 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 10 LODGE DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2021 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LODGE DRIVE has not materially changed since March 2021.

How Large is 10 LODGE DRIVE?

10 LODGE DRIVE is 92m² according to the EPC inspection conducted in July 2015. 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 10 LODGE DRIVE lies on this distribution: 24% of detached houses houses are smaller than 10 LODGE DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Truro.

10 LODGE DRIVE: Plot and Title Map

10 LODGE DRIVE sits on a plot of roughly 80.5 acres, or 325,657m². The below map shows the location of 10 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 10 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 10 LODGE DRIVE?

10 LODGE DRIVE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 10 on LODGE DRIVE.