CYPRESS LODGE, 8, CORNELIUS DRIVE, TRURO, TR1 1GU - £775,000

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

CYPRESS LODGE is a very large detached house of 203m². It was last sold for £775,000 in July 2024, which was around 79% above the average July 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

CYPRESS LODGE Sold Prices

Land registry data shows two sales for CYPRESS 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 CYPRESS 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
2024 9 JUL	£775,000	£433,600	79% above HPI
2017 23 NOV	£599,950	£328,873	82% above HPI

CYPRESS 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 CYPRESS LODGE sales from November 2017 and July 2024 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 November 2017 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the July 2024 sale, where it falls to 79% above the HPI. The line then continues to track at 79% above the HPI.

What might CYPRESS LODGE be worth now?

CYPRESS LODGE might now be worth an estimated £793,594.

This is based on house price inflation of 2.4%, between July 2024 and December 2024, 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 2.4% inflationary increase is applied to the most recent sale price for CYPRESS LODGE of £775,000 on 9th July 2024. For the value to have increased from £775,000 to £793,594 over the seven months to December 2024, the following assumptions must hold true:

• The value of CYPRESS LODGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2024 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of CYPRESS LODGE has not materially changed since July 2024.

How Large is CYPRESS LODGE?

CYPRESS LODGE is 203m² according to the EPC inspection conducted in November 2016. This puts it in the largest 10% 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 CYPRESS LODGE lies on this distribution: 93% of detached houses houses are smaller than CYPRESS LODGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Truro.

CYPRESS LODGE: Plot and Title Map

CYPRESS LODGE sits on a plot of roughly 0.213 of an acre, or 864m². The below map shows the location of CYPRESS 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 CYPRESS 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 CYPRESS LODGE?

CYPRESS LODGE is located on CORNELIUS DRIVE in TRURO, in the TR1 postcode district. The below map shows the position of CYPRESS LODGE on CORNELIUS DRIVE.