Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
22 LODGE DRIVE is a small detached house of 99m², built sometime between 1991 and 1995. It was last sold for £230,000 in August 2006, which was around 15% below the average August 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 22 LODGE DRIVE since 1st 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. One of the two 22 LODGE DRIVE sales was for below the average price, whilst the other 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 |
---|---|---|---|
2006 18 AUG | £230,000 | £271,309 | 15% below HPI |
1997 28 OCT | £89,000 | £85,085 | 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 two 22 LODGE DRIVE sales from October 1997 and August 2006 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 October 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2006 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
22 LODGE DRIVE is 99m² according to the EPC inspection conducted in October 2014. 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 22 LODGE DRIVE lies on this distribution: 32% of detached houses are smaller than 22 LODGE DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Truro.
22 LODGE DRIVE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 22 LODGE DRIVE, 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 22 LODGE DRIVE). 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.
22 LODGE DRIVE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 22 on LODGE DRIVE.