FERNLEY, NAMPARA WAY, TRURO, TR1 1NU - £565,000

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

FERNLEY is a very large extended detached house of 163m², built sometime between 1976 and 1982. It was last sold for £565,000 in March 2016, which was around 84% above the average March 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

FERNLEY Sold Prices

Land registry data shows two sales for FERNLEY 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 FERNLEY 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
2016 21 MAR	£565,000	£307,330	84% above HPI
2011 30 SEP	£405,000	£274,568	48% above HPI

FERNLEY 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 FERNLEY sales from September 2011 and March 2016 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 2011 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the March 2016 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is FERNLEY?

FERNLEY is 163m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the largest 20% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where FERNLEY lies on this distribution: 82% of detached houses are smaller than FERNLEY, and 18% of houses are larger. Note that EPC data is not available for all properties in Truro.

FERNLEY: Plot and Title Map

FERNLEY sits on a plot of roughly 0.388 of an acre, or 1,572m². The below map shows the location of FERNLEY, 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 FERNLEY). 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 FERNLEY?

FERNLEY is located on NAMPARA WAY in TRURO, in the TR1 postcode district. The below map shows the position of FERNLEY on NAMPARA WAY.