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
20 NEWBRIDGE LANE is a small detached house of 101m², built sometime between 1967 and 1975. It was last sold for £205,000 in March 2013, which was around 23% below the average March 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 20 NEWBRIDGE LANE since 1st 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 20 NEWBRIDGE 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 |
---|---|---|---|
2013 15 MAR | £205,000 | £266,636 | 23% below HPI |
2003 13 NOV | £220,000 | £223,739 | 2% below HPI |
2002 17 OCT | £189,950 | £180,565 | 5% above HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 20 NEWBRIDGE LANE sales between October 2002 and March 2013 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 2003 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2013 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
20 NEWBRIDGE LANE is 101m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 20 NEWBRIDGE LANE lies on this distribution: 34% of detached houses are smaller than 20 NEWBRIDGE LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Truro.
20 NEWBRIDGE LANE sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 20 NEWBRIDGE 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 20 NEWBRIDGE 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.
20 NEWBRIDGE LANE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 20 on NEWBRIDGE LANE.