MEADOW LODGE, HIGHERTOWN, TRURO, TR1 3QF - £360,000

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

MEADOW LODGE is a midsized detached house of 115m², built sometime between 1983 and 1990. It was last sold for £360,000 in March 2010, which was around 31% above the average March 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was C.

MEADOW LODGE Sold Prices

Land registry data shows two sales for MEADOW 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 MEADOW 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
2010 18 MAR	£360,000	£273,789	31% above HPI
1999 9 SEP	£129,500	£98,740	31% above HPI

MEADOW 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 MEADOW LODGE sales from September 1999 and March 2010 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 1999 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2010 sale, which was also at 31% above the HPI.

How Large is MEADOW LODGE?

MEADOW LODGE is 115m² according to the EPC inspection conducted in September 2013. This puts it in the largest 50% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where MEADOW LODGE lies on this distribution: 51% of detached houses are smaller than MEADOW LODGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Truro.

MEADOW LODGE: Plot and Title Map

MEADOW LODGE sits on a plot of roughly 0.194 of an acre, or 785m². The below map shows the location of MEADOW 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 MEADOW 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 MEADOW LODGE?

MEADOW LODGE is located on HIGHERTOWN in TRURO, in the TR1 postcode district. The below map shows the position of MEADOW LODGE on HIGHERTOWN.