18, VALLEY LANE, CARNON DOWNS, TRURO, TR3 6LP - £296,000

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

18 VALLEY LANE is a midsized detached house of 96m², built sometime between 1976 and 1982. It was last sold for £296,000 in November 2019, which was around 14% below the average November 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

18 VALLEY LANE Sold Prices

Land registry data shows three sales for 18 VALLEY LANE 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. Two of the three 18 VALLEY LANE sales were for below the average price, whilst one was 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
2019 7 NOV	£296,000	£344,140	14% below HPI
2000 14 JAN	£114,000	£103,337	10% above HPI
1996 23 MAY	£58,000	£70,377	18% below HPI

18 VALLEY LANE 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 18 VALLEY LANE sales between May 1996 and November 2019 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 2000 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 18 VALLEY LANE?

18 VALLEY LANE is 96m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 50% 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 18 VALLEY LANE lies on this distribution: 41% of detached houses are smaller than 18 VALLEY LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Carnon Downs.

18 VALLEY LANE: Plot and Title Map

18 VALLEY LANE sits on a plot of roughly 1.9 acres, or 7,870m². The below map shows the location of 18 VALLEY LANE, 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 18 VALLEY LANE). 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 18 VALLEY LANE?

18 VALLEY LANE is located in CARNON DOWNS, in the TR3 postcode district. The below map shows the position of No. 18 on VALLEY LANE.