3, NEWBRIDGE VIEW, TRURO, TR1 3FG - £300,000

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

3 NEWBRIDGE VIEW is a very small detached house of 80m², built sometime from 2007 onwards. It was last sold for £300,000 in December 2022, which was around 34% below the average December 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

3 NEWBRIDGE VIEW Sold Prices

Land registry data shows two sales for 3 NEWBRIDGE VIEW 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 3 NEWBRIDGE VIEW sales were for below 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 15 DEC	£300,000	£456,326	34% below HPI
2009 16 SEP	£239,950	£261,819	8% below HPI

3 NEWBRIDGE VIEW 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 3 NEWBRIDGE VIEW sales from September 2009 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 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 3 NEWBRIDGE VIEW?

3 NEWBRIDGE VIEW is 80m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 3 NEWBRIDGE VIEW lies on this distribution: 11% of detached houses are smaller than 3 NEWBRIDGE VIEW, and 88% of houses are larger. Note that EPC data is not available for all properties in Truro.

3 NEWBRIDGE VIEW: Plot and Title Map

3 NEWBRIDGE VIEW sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 3 NEWBRIDGE VIEW, 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 3 NEWBRIDGE VIEW). 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 3 NEWBRIDGE VIEW?

3 NEWBRIDGE VIEW is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 3 on NEWBRIDGE VIEW.