8, LODGE DRIVE, TRURO, TR1 1TX - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 LODGE DRIVE is a midsized extended detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £356,663. It was last sold for £275,000 in August 2018, which was around 18% below the average August 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2024, where the current energy rating was B, and the potential energy rating was B.

8 LODGE DRIVE Sold Prices

Land registry data shows three sales for 8 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. All of the three 8 LODGE 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
2018 17 AUG	£275,000	£337,121	18% below HPI
2012 22 AUG	£235,000	£276,397	15% below HPI
2005 20 APR	£235,000	£257,499	9% below HPI

8 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 8 LODGE DRIVE sales between April 2005 and August 2018 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 August 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 8 LODGE DRIVE be worth now?

8 LODGE DRIVE might now be worth an estimated £356,663.

This is based on house price inflation of 29.7%, between August 2018 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 29.7% inflationary increase is applied to the most recent sale price for 8 LODGE DRIVE of £275,000 on 17th August 2018. For the value to have increased from £275,000 to £356,663 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 8 LODGE DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LODGE DRIVE has not materially changed since August 2018.

How Large is 8 LODGE DRIVE?

8 LODGE DRIVE is 122m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 50% 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 8 LODGE DRIVE lies on this distribution: 57% of detached houses houses are smaller than 8 LODGE DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Truro.

8 LODGE DRIVE: Plot and Title Map

8 LODGE DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 8 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 8 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 8 LODGE DRIVE?

8 LODGE DRIVE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 8 on LODGE DRIVE.