5, LODGE DRIVE, TRURO, TR1 1TX - £432,000

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

5 LODGE DRIVE is a small extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £432,000 in December 2022, which was around 5% below the average December 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

5 LODGE DRIVE Sold Prices

Land registry data shows three sales for 5 LODGE 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. Two of the three 5 LODGE DRIVE sales were for below the average price, whilst one 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
2022 12 DEC	£432,000	£456,326	5% below HPI
2010 12 NOV	£237,000	£284,887	17% below HPI
2000 14 APR	£119,950	£108,174	11% above HPI

5 LODGE 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 5 LODGE DRIVE sales between April 2000 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 November 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 LODGE DRIVE?

5 LODGE DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in September 2022. 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 5 LODGE DRIVE lies on this distribution: 34% of detached houses are smaller than 5 LODGE DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Truro.

5 LODGE DRIVE: Plot and Title Map

5 LODGE DRIVE sits on a plot of roughly 80.5 acres, or 325,657m². The below map shows the location of 5 LODGE 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 5 LODGE 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 5 LODGE DRIVE?

5 LODGE DRIVE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 5 on LODGE DRIVE.