8, LYCHGATE DRIVE, TRURO, TR1 3UE - £307,500

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

8 LYCHGATE DRIVE is a small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £307,500 in May 2012, which was around 12% above the average May 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

8 LYCHGATE DRIVE Sold Prices

Land registry data shows four sales for 8 LYCHGATE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 8 LYCHGATE DRIVE sales were 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
2012 10 MAY	£307,500	£274,769	12% above HPI
2005 6 SEP	£265,000	£261,624	1% above HPI
1998 13 MAR	£109,950	£86,489	27% above HPI
1997 28 NOV	£95,000	£85,550	11% above HPI

8 LYCHGATE 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 four 8 LYCHGATE DRIVE sales between November 1997 and May 2012 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 September 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2012 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 8 LYCHGATE DRIVE?

8 LYCHGATE DRIVE is 93m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 30% 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 LYCHGATE DRIVE lies on this distribution: 26% of detached houses are smaller than 8 LYCHGATE DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Truro.

8 LYCHGATE DRIVE: Plot and Title Map

8 LYCHGATE DRIVE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 8 LYCHGATE 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 LYCHGATE 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 LYCHGATE DRIVE?

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