2, WOOD LANE, TRURO, TR1 2UU - £421,250

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 WOOD LANE is a very large extended detached house of 165m², built sometime between 1983 and 1990. It was last sold for £421,250 in April 2017, which was around 35% above the average April 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

2 WOOD LANE Sold Prices

Land registry data shows two sales for 2 WOOD 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 WOOD LANE 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
2017 27 APR	£421,250	£311,432	35% above HPI
2013 30 JUL	£377,500	£274,255	38% above HPI

2 WOOD 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 WOOD LANE sales from July 2013 and April 2017 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 July 2013 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the April 2017 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 2 WOOD LANE?

2 WOOD LANE is 165m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 20% 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 WOOD LANE lies on this distribution: 83% of detached houses are smaller than 2 WOOD LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Truro.

2 WOOD LANE: Plot and Title Map

2 WOOD LANE sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 2 WOOD 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 WOOD 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 WOOD LANE?

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