42, THE FORGE, CARNON DOWNS, TRURO, TR3 6JP - £295,000

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

42 THE FORGE is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £295,000 in October 2015, which was around 3% below the average October 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

42 THE FORGE Sold Prices

Land registry data shows two sales for 42 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. One of the two 42 THE FORGE sales was for below the average price, whilst the other was 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
2015 29 OCT	£295,000	£305,354	3% below HPI
1995 1 SEP	£86,950	£70,014	24% above HPI

42 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 42 THE FORGE sales from September 1995 and October 2015 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 1995 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 42 THE FORGE?

42 THE FORGE is 114m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% 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 42 THE FORGE lies on this distribution: 57% of detached houses are smaller than 42 THE FORGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Carnon Downs.

42 THE FORGE: Plot and Title Map

42 THE FORGE sits on a plot of roughly 4.5 acres, or 18,240m². The below map shows the location of 42 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 42 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 42 THE FORGE?

42 THE FORGE is located in CARNON DOWNS, in the TR3 postcode district. The below map shows the position of No. 42 on THE FORGE.