14, THE FORGE, CARNON DOWNS, TRURO, TR3 6JP - £425,000

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

14 THE FORGE is a very large extended detached house of 194m², built sometime between 1996 and 2002, which could now be worth an estimated £614,970. It was last sold for £425,000 in July 2016, which was around 41% above the average July 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

14 THE FORGE Sold Prices

Land registry data shows three sales for 14 THE FORGE since 1^st 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 14 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
2016 15 JUL	£425,000	£302,166	41% above HPI
2001 29 MAY	£200,000	£128,823	55% above HPI
1997 15 OCT	£147,000	£86,426	70% above HPI

14 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 three 14 THE FORGE sales between October 1997 and July 2016 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 May 2001 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the July 2016 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 14 THE FORGE be worth now?

14 THE FORGE might now be worth an estimated £614,970.

This is based on house price inflation of 44.7%, between July 2016 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 44.7% inflationary increase is applied to the most recent sale price for 14 THE FORGE of £425,000 on 15th July 2016. For the value to have increased from £425,000 to £614,970 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 14 THE FORGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2016 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE FORGE has not materially changed since July 2016.

How Large is 14 THE FORGE?

14 THE FORGE is 194m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses houses in Carnon Downs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carnon Downs, and where 14 THE FORGE lies on this distribution: 92% of detached houses houses are smaller than 14 THE FORGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Carnon Downs.

14 THE FORGE: Plot and Title Map

14 THE FORGE sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of 14 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 14 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 14 THE FORGE?

14 THE FORGE is located in CARNON DOWNS, in the TR3 postcode district. The below map shows the position of No. 14 on THE FORGE.