5, SOCOTRA DRIVE, TREWOON, ST AUSTELL, PL25 5SQ - £232,000

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

5 SOCOTRA DRIVE is a large extended detached house of 119m², built sometime between 1991 and 1995. It was last sold for £232,000 in November 2016, which was around 25% below the average November 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2015, where the current energy rating was F, and the potential energy rating was C.

5 SOCOTRA DRIVE Sold Prices

Land registry data shows two sales for 5 SOCOTRA 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 5 SOCOTRA 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
2016 21 NOV	£232,000	£307,645	25% below HPI
2007 11 MAY	£235,000	£286,298	18% below HPI

5 SOCOTRA 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 5 SOCOTRA DRIVE sales from May 2007 and November 2016 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 May 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 SOCOTRA DRIVE?

5 SOCOTRA DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the largest 40% of detached houses in Trewoon, based on EPC data. The below chart shows the distribution of detached houses by size in Trewoon, and where 5 SOCOTRA DRIVE lies on this distribution: 65% of detached houses are smaller than 5 SOCOTRA DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Trewoon.

5 SOCOTRA DRIVE: Plot and Title Map

5 SOCOTRA DRIVE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 5 SOCOTRA 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 SOCOTRA 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 SOCOTRA DRIVE?

5 SOCOTRA DRIVE is located in TREWOON, in the PL25 postcode district. The below map shows the position of No. 5 on SOCOTRA DRIVE.