43, MIDWAY DRIVE, TRURO, TR1 1NQ - £400,000

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

43 MIDWAY DRIVE is a midsized extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £400,000 in December 2022, which was around 12% below the average December 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

43 MIDWAY DRIVE Sold Prices

Land registry data shows two sales for 43 MIDWAY DRIVE 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 43 MIDWAY 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
2022 19 DEC	£400,000	£456,326	12% below HPI
2004 9 JUL	£232,000	£248,122	6% below HPI

43 MIDWAY 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 two 43 MIDWAY DRIVE sales from July 2004 and December 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 July 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2022 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 43 MIDWAY DRIVE?

43 MIDWAY DRIVE is 111m², which includes two extensions, according to the EPC inspection conducted in April 2014. 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 43 MIDWAY DRIVE lies on this distribution: 44% of detached houses are smaller than 43 MIDWAY DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Truro.

43 MIDWAY DRIVE: Plot and Title Map

43 MIDWAY DRIVE sits on a plot of roughly 80.5 acres, or 325,657m². The below map shows the location of 43 MIDWAY 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 43 MIDWAY 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 43 MIDWAY DRIVE?

43 MIDWAY DRIVE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 43 on MIDWAY DRIVE.