6, NEWBRIDGE WAY, TRURO, TR1 3LX - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 NEWBRIDGE WAY is a very small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £332,988. It was last sold for £245,000 in August 2017, which was around 24% below the average August 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

6 NEWBRIDGE WAY Sold Prices

Land registry data shows two sales for 6 NEWBRIDGE WAY 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 6 NEWBRIDGE WAY 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
2017 11 AUG	£245,000	£321,698	24% below HPI
2002 22 FEB	£122,000	£148,606	18% below HPI

6 NEWBRIDGE WAY 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 6 NEWBRIDGE WAY sales from February 2002 and August 2017 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 February 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2017 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 6 NEWBRIDGE WAY be worth now?

6 NEWBRIDGE WAY might now be worth an estimated £332,988.

This is based on house price inflation of 35.9%, between August 2017 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.9% inflationary increase is applied to the most recent sale price for 6 NEWBRIDGE WAY of £245,000 on 11th August 2017. For the value to have increased from £245,000 to £332,988 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 6 NEWBRIDGE WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 6 NEWBRIDGE WAY has not materially changed since August 2017.

How Large is 6 NEWBRIDGE WAY?

6 NEWBRIDGE WAY is 82m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where 6 NEWBRIDGE WAY lies on this distribution: 12% of detached houses houses are smaller than 6 NEWBRIDGE WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Truro.

6 NEWBRIDGE WAY: Plot and Title Map

6 NEWBRIDGE WAY sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 6 NEWBRIDGE WAY, 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 6 NEWBRIDGE WAY). 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 6 NEWBRIDGE WAY?

6 NEWBRIDGE WAY is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 6 on NEWBRIDGE WAY.