4, LAMELLYN DRIVE, TRURO, TR1 3JP - £325,000

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

4 LAMELLYN DRIVE is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £325,000 in March 2023, which was around 27% below the average March 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

4 LAMELLYN DRIVE Sold Prices

Land registry data shows three sales for 4 LAMELLYN DRIVE since 1^st 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. All of the three 4 LAMELLYN DRIVE 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
2023 24 MAR	£325,000	£446,796	27% below HPI
2021 21 SEP	£360,000	£380,638	5% below HPI
2004 26 JUL	£235,000	£248,122	5% below HPI

4 LAMELLYN DRIVE 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 three 4 LAMELLYN DRIVE sales between July 2004 and March 2023 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 2021 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 LAMELLYN DRIVE?

4 LAMELLYN DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 4 LAMELLYN DRIVE lies on this distribution: 35% of detached houses are smaller than 4 LAMELLYN DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Truro.

4 LAMELLYN DRIVE: Plot and Title Map

4 LAMELLYN DRIVE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 4 LAMELLYN DRIVE, 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 4 LAMELLYN DRIVE). 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 4 LAMELLYN DRIVE?

4 LAMELLYN DRIVE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 4 on LAMELLYN DRIVE.