2, TRESSA DOWR LANE, TRURO, TR1 1AR - £315,000

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

2 TRESSA DOWR LANE is a very small extended detached house of 77m², built sometime from 2007 onwards. It was last sold for £315,000 in June 2022, which was around 27% below the average June 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

2 TRESSA DOWR LANE Sold Prices

Land registry data shows three sales for 2 TRESSA DOWR 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. All of the three 2 TRESSA DOWR 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
2022 6 JUN	£315,000	£434,242	27% below HPI
2008 3 MAR	£249,950	£291,226	14% below HPI
2002 29 NOV	£157,950	£187,019	16% below HPI

2 TRESSA DOWR 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 2 TRESSA DOWR LANE sales between November 2002 and June 2022 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 March 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2022 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 TRESSA DOWR LANE?

2 TRESSA DOWR LANE is 77m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 2 TRESSA DOWR LANE lies on this distribution: 9% of detached houses are smaller than 2 TRESSA DOWR LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Truro.

2 TRESSA DOWR LANE: Plot and Title Map

2 TRESSA DOWR LANE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 TRESSA DOWR 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 TRESSA DOWR 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 TRESSA DOWR LANE?

2 TRESSA DOWR LANE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 2 on TRESSA DOWR LANE.