10, SOCOTRA DRIVE, TREWOON, ST AUSTELL, PL25 5SQ - £170,000

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

10 SOCOTRA DRIVE is a small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £170,000 in July 2014, which was around 40% below the average July 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was C.

10 SOCOTRA DRIVE Sold Prices

Land registry data shows two sales for 10 SOCOTRA 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 SOCOTRA 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
2014 1 JUL	£170,000	£281,141	40% below HPI
2001 17 DEC	£105,000	£142,349	26% below HPI

10 SOCOTRA 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 SOCOTRA DRIVE sales from December 2001 and July 2014 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 December 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 10 SOCOTRA DRIVE?

10 SOCOTRA DRIVE is 83m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses in Trewoon, based on EPC data. The below chart shows the distribution of detached houses by size in Trewoon, and where 10 SOCOTRA DRIVE lies on this distribution: 22% of detached houses are smaller than 10 SOCOTRA DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Trewoon.

10 SOCOTRA DRIVE: Plot and Title Map

10 SOCOTRA DRIVE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 10 SOCOTRA 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 SOCOTRA 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 SOCOTRA DRIVE?

10 SOCOTRA DRIVE is located in TREWOON, in the PL25 postcode district. The below map shows the position of No. 10 on SOCOTRA DRIVE.