48A, MIDWAY DRIVE, TRURO, TR1 1NQ - £245,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

48A MIDWAY DRIVE is a very small detached house of 88m². It was last sold for £245,000 in May 2021, which was around 35% below the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was B, and the potential energy rating was A.

48A MIDWAY DRIVE Sold Prices

Land registry data shows two sales for 48A 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 48A 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
2021 14 MAY	£245,000	£375,609	35% below HPI
2016 27 APR	£230,000	£306,066	25% below HPI

48A 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 48A MIDWAY DRIVE sales from April 2016 and May 2021 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 April 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 48A MIDWAY DRIVE?

48A MIDWAY DRIVE is 88m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 48A MIDWAY DRIVE lies on this distribution: 19% of detached houses are smaller than 48A MIDWAY DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Truro.

48A MIDWAY DRIVE: Plot and Title Map

48A MIDWAY DRIVE sits on a plot of roughly 80.5 acres, or 325,657m². The below map shows the location of 48A 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 48A 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 48A MIDWAY DRIVE?

48A MIDWAY DRIVE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 48A on MIDWAY DRIVE.