2, SMITHY LANE, CARNON DOWNS, TRURO, TR3 6HW - £200,000

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.

2 SMITHY LANE is a small detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £342,906. It was last sold for £200,000 in June 2009, which was around 22% below the average June 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

2 SMITHY LANE Sold Prices

Land registry data shows two sales for 2 SMITHY LANE 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 2 SMITHY LANE 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
2009 12 JUN	£200,000	£255,015	22% below HPI
2002 15 NOV	£143,000	£189,965	25% below HPI

2 SMITHY 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 two 2 SMITHY LANE sales from November 2002 and June 2009 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 November 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2009 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 SMITHY LANE be worth now?

2 SMITHY LANE might now be worth an estimated £342,906.

This is based on house price inflation of 71.5%, between June 2009 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 71.5% inflationary increase is applied to the most recent sale price for 2 SMITHY LANE of £200,000 on 12th June 2009. For the value to have increased from £200,000 to £342,906 over the sixteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 SMITHY LANE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2009 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SMITHY LANE has not materially changed since June 2009.

How Large is 2 SMITHY LANE?

2 SMITHY LANE is 93m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% 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 2 SMITHY LANE lies on this distribution: 38% of detached houses houses are smaller than 2 SMITHY LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Carnon Downs.

2 SMITHY LANE: Plot and Title Map

2 SMITHY LANE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 2 SMITHY 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 2 SMITHY 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 2 SMITHY LANE?

2 SMITHY LANE is located in CARNON DOWNS, in the TR3 postcode district. The below map shows the position of No. 2 on SMITHY LANE.