38, THE FORGE, CARNON DOWNS, TRURO, TR3 6JP - £540,000

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

38 THE FORGE is a very large extended detached house of 214m², built sometime between 1991 and 1995. It was last sold for £540,000 in April 2022, which was around 26% above the average April 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was C.

38 THE FORGE Sold Prices

Land registry data shows two sales for 38 THE FORGE 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 38 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
2022 12 APR	£540,000	£427,134	26% above HPI
1998 10 MAR	£163,500	£86,489	89% above HPI

38 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 two 38 THE FORGE sales from March 1998 and April 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 March 1998 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the April 2022 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 38 THE FORGE?

38 THE FORGE is 214m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 10% 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 38 THE FORGE lies on this distribution: 96% of detached houses are smaller than 38 THE FORGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Carnon Downs.

38 THE FORGE: Plot and Title Map

38 THE FORGE sits on a plot of roughly 4.5 acres, or 18,240m². The below map shows the location of 38 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 38 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 38 THE FORGE?

38 THE FORGE is located in CARNON DOWNS, in the TR3 postcode district. The below map shows the position of No. 38 on THE FORGE.