34, NEWBRIDGE LANE, TRURO, TR1 3JS - £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

34 NEWBRIDGE LANE is a midsized extended detached house of 110m², built sometime between 1976 and 1982. It was last sold for £450,000 in June 2022, which was around 4% above the average June 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2024, where the current energy rating was B, and the potential energy rating was A.

34 NEWBRIDGE LANE Sold Prices

Land registry data shows two sales for 34 NEWBRIDGE LANE 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 34 NEWBRIDGE LANE 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 16 JUN	£450,000	£434,242	4% above HPI
2001 25 MAY	£147,950	£126,825	17% above HPI

34 NEWBRIDGE LANE 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 34 NEWBRIDGE LANE sales from May 2001 and June 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 May 2001 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 34 NEWBRIDGE LANE?

34 NEWBRIDGE LANE is 110m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 50% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 34 NEWBRIDGE LANE lies on this distribution: 43% of detached houses are smaller than 34 NEWBRIDGE LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Truro.

34 NEWBRIDGE LANE: Plot and Title Map

34 NEWBRIDGE LANE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 34 NEWBRIDGE LANE, 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 34 NEWBRIDGE LANE). 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 34 NEWBRIDGE LANE?

34 NEWBRIDGE LANE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 34 on NEWBRIDGE LANE.