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
36 NEWBRIDGE LANE is a midsized extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £335,000 in September 2016, which was around 11% above the average September 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 36 NEWBRIDGE LANE since 1st 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. Two of the three 36 NEWBRIDGE LANE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2016 16 SEP | £335,000 | £302,629 | 11% above HPI |
2006 26 JUN | £262,000 | £268,950 | 3% below HPI |
1997 25 JUL | £84,500 | £80,895 | 4% above HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 36 NEWBRIDGE LANE sales between July 1997 and September 2016 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 June 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2016 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
36 NEWBRIDGE LANE is 113m², which includes one extension, according to the EPC inspection conducted in May 2016. 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 36 NEWBRIDGE LANE lies on this distribution: 46% of detached houses are smaller than 36 NEWBRIDGE LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Truro.
36 NEWBRIDGE LANE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 36 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 36 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.
36 NEWBRIDGE LANE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 36 on NEWBRIDGE LANE.