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

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

8 LODGE DRIVE is a midsized extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £275,000 in August 2018, which was around 17% 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	£331,892	17% below HPI
2012 22 AUG	£235,000	£272,110	14% below HPI
2005 20 APR	£235,000	£253,505	7% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

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 in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 8 LODGE DRIVE lies on this distribution: 57% of detached houses are smaller than 8 LODGE DRIVE, and 42% 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 80.5 acres, or 325,657m². 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.