3, THE CEDARS, TRURO, TR1 2FD - £490,000

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 THE CEDARS is a very large extended detached house of 194m², built sometime between 2003 and 2006. It was last sold for £490,000 in April 2013, which was around 83% above the average April 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2022, where the current energy rating was B, and the potential energy rating was B.

3 THE CEDARS Sold Prices

Land registry data shows four sales for 3 THE CEDARS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 3 THE CEDARS 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
2013 26 APR	£490,000	£267,346	83% above HPI
2008 25 APR	£515,000	£289,635	78% above HPI
2007 2 NOV	£499,999	£301,935	66% above HPI
2006 18 SEP	£490,000	£275,675	78% above HPI

3 THE CEDARS 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 four 3 THE CEDARS sales between September 2006 and April 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 April 2008 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the April 2013 sale, where it rises to 83% above the HPI. The line then continues to track at 83% above the HPI.

How Large is 3 THE CEDARS?

3 THE CEDARS is 194m², which includes one extension, according to the EPC inspection conducted in January 2022. 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 3 THE CEDARS lies on this distribution: 92% of detached houses are smaller than 3 THE CEDARS, and 8% of houses are larger. Note that EPC data is not available for all properties in Truro.

3 THE CEDARS: Plot and Title Map

3 THE CEDARS sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 3 THE CEDARS, 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 THE CEDARS). 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 THE CEDARS?

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