HALF ACRE, BARRACK LANE, TRURO, TR1 2DW - £850,000

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

HALF ACRE is a very large extended detached house of 181m², built sometime between 1967 and 1975. It was last sold for £850,000 in August 2017, which was around 168% above the average August 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

HALF ACRE Sold Prices

Land registry data shows three sales for HALF ACRE 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 HALF ACRE 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
2017 24 AUG	£850,000	£316,709	168% above HPI
2015 9 OCT	£775,000	£305,354	154% above HPI
2012 23 FEB	£585,000	£273,603	114% above HPI

HALF ACRE 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 HALF ACRE sales between February 2012 and August 2017 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 October 2015 sale was for 154% above the HPI. So the extrapolation line tracks at 154% above the HPI over time, until the August 2017 sale, where it rises to 168% above the HPI. The line then continues to track at 168% above the HPI.

How Large is HALF ACRE?

HALF ACRE is 181m², which includes three extensions, according to the EPC inspection conducted in November 2014. 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 HALF ACRE lies on this distribution: 88% of detached houses are smaller than HALF ACRE, and 11% of houses are larger. Note that EPC data is not available for all properties in Truro.

HALF ACRE: Plot and Title Map

HALF ACRE sits on a plot of roughly 0.559 of an acre, or 2,264m². The below map shows the location of HALF ACRE, 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 HALF ACRE). 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 HALF ACRE?

HALF ACRE is located on BARRACK LANE in TRURO, in the TR1 postcode district. The below map shows the position of HALF ACRE on BARRACK LANE.