24, THE FORGE, CARNON DOWNS, TRURO, TR3 6JP - £450,000

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 THE FORGE is a very large detached house of 151m², built sometime between 1996 and 2002. It was last sold for £450,000 in October 2021, which was around 13% above the average October 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was B.

24 THE FORGE Sold Prices

Land registry data shows three sales for 24 THE FORGE 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 24 THE FORGE 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
2021 29 OCT	£450,000	£397,885	13% above HPI
1998 8 MAY	£122,000	£87,601	39% above HPI
1996 9 FEB	£108,000	£70,332	54% above HPI

24 THE FORGE 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 24 THE FORGE sales between February 1996 and October 2021 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 May 1998 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the October 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 24 THE FORGE?

24 THE FORGE is 151m² according to the EPC inspection conducted in December 2012. This puts it in the largest 20% of detached houses in Carnon Downs, based on EPC data. The below chart shows the distribution of detached houses by size in Carnon Downs, and where 24 THE FORGE lies on this distribution: 85% of detached houses are smaller than 24 THE FORGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Carnon Downs.

24 THE FORGE: Plot and Title Map

24 THE FORGE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 24 THE FORGE, 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 THE FORGE). 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 THE FORGE?

24 THE FORGE is located in CARNON DOWNS, in the TR3 postcode district. The below map shows the position of No. 24 on THE FORGE.