CEDAR LODGE, GULVAL, PENZANCE, TR18 3BD - £310,000

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

CEDAR LODGE is a large extended detached house of 128m², built sometime between 1967 and 1975, which could now be worth an estimated £621,075. It was last sold for £310,000 in August 2003, which was around 42% above the average August 2003 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

CEDAR LODGE Sold Prices

Land registry data shows two sales for CEDAR LODGE 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 CEDAR LODGE 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
2003 22 AUG	£310,000	£218,237	42% above HPI
1996 23 SEP	£97,500	£75,833	29% above HPI

CEDAR LODGE 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 CEDAR LODGE sales from September 1996 and August 2003 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 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2003 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might CEDAR LODGE be worth now?

CEDAR LODGE might now be worth an estimated £621,075.

This is based on house price inflation of 100.3%, between August 2003 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 100.3% inflationary increase is applied to the most recent sale price for CEDAR LODGE of £310,000 on 22nd August 2003. For the value to have increased from £310,000 to £621,075 over the 22 years and six months to February 2025, the following assumptions must hold true:

• The value of CEDAR LODGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2003 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of CEDAR LODGE has not materially changed since August 2003.

How Large is CEDAR LODGE?

CEDAR LODGE is 128m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses houses in Trevarrack, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trevarrack, and where CEDAR LODGE lies on this distribution: 63% of detached houses houses are smaller than CEDAR LODGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Trevarrack.

CEDAR LODGE: Plot and Title Map

CEDAR LODGE sits on a plot of roughly 0.123 of an acre, or 498m². The below map shows the location of CEDAR LODGE, 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 CEDAR LODGE). 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 CEDAR LODGE?

CEDAR LODGE is located in GULVAL, in the TR18 postcode district. The below map shows the position of CEDAR LODGE in GULVAL.