24, COLLEGE WAY, GLOWETH, TRURO, TR1 3RX - £615,000

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

24 COLLEGE WAY is a very large detached house of 194m², built sometime between 1996 and 2002. It was last sold for £615,000 in December 2022, which was around 35% above the average December 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

24 COLLEGE WAY Sold Prices

Land registry data shows five sales for 24 COLLEGE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five 24 COLLEGE WAY 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
2022 1 DEC	£615,000	£456,326	35% above HPI
2020 2 SEP	£465,000	£354,778	31% above HPI
2016 23 AUG	£420,000	£300,903	40% above HPI
2014 20 FEB	£377,500	£278,574	36% above HPI
2002 30 AUG	£249,995	£171,027	46% above HPI

24 COLLEGE WAY 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 five 24 COLLEGE WAY sales between August 2002 and December 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 September 2020 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2022 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 24 COLLEGE WAY?

24 COLLEGE WAY is 194m² according to the EPC inspection conducted in September 2013. This puts it in the largest 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 24 COLLEGE WAY lies on this distribution: 92% of detached houses are smaller than 24 COLLEGE WAY, and 8% of houses are larger. Note that EPC data is not available for all properties in Truro.

24 COLLEGE WAY: Plot and Title Map

24 COLLEGE WAY sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 24 COLLEGE WAY, 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 24 COLLEGE WAY). 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 24 COLLEGE WAY?

24 COLLEGE WAY is located in GLOWETH, in the TR1 postcode district. The below map shows the position of No. 24 on COLLEGE WAY.