40, THE FORGE, CARNON DOWNS, TRURO, TR3 6JP - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 THE FORGE is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £335,000 in November 2023, which was around 24% below the average November 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

40 THE FORGE Sold Prices

Land registry data shows five sales for 40 THE FORGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the five 40 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
2023 7 NOV	£335,000	£440,879	24% below HPI
2004 16 JAN	£250,000	£226,309	10% above HPI
2000 26 APR	£132,000	£108,174	22% above HPI
1997 17 APR	£94,000	£77,715	21% above HPI
1995 5 MAY	£84,950	£70,746	20% above HPI

40 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 five 40 THE FORGE sales between May 1995 and November 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 January 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 40 THE FORGE?

40 THE FORGE is 118m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 40% 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 40 THE FORGE lies on this distribution: 60% of detached houses are smaller than 40 THE FORGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Carnon Downs.

40 THE FORGE: Plot and Title Map

40 THE FORGE sits on a plot of roughly 4.5 acres, or 18,240m². The below map shows the location of 40 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 40 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 40 THE FORGE?

40 THE FORGE is located in CARNON DOWNS, in the TR3 postcode district. The below map shows the position of No. 40 on THE FORGE.