RIDGE BERRY, BARRACK LANE, TRURO, TR1 2DS - £480,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

RIDGE BERRY is a midsized extended detached house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £625,452. It was last sold for £480,000 in July 2018, which was around 43% above the average July 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

RIDGE BERRY Sold Prices

Land registry data shows four sales for RIDGE BERRY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four RIDGE BERRY 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
2018 10 JUL	£480,000	£335,551	43% above HPI
2008 22 DEC	£320,000	£264,578	21% above HPI
2006 11 DEC	£305,000	£284,469	7% above HPI
1997 13 JUN	£92,500	£80,742	15% above HPI

RIDGE BERRY 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 four RIDGE BERRY sales between June 1997 and July 2018 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 December 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2018 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might RIDGE BERRY be worth now?

RIDGE BERRY might now be worth an estimated £625,452.

This is based on house price inflation of 30.3%, between July 2018 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 30.3% inflationary increase is applied to the most recent sale price for RIDGE BERRY of £480,000 on 10th July 2018. For the value to have increased from £480,000 to £625,452 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of RIDGE BERRY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2018 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of RIDGE BERRY has not materially changed since July 2018.

How Large is RIDGE BERRY?

RIDGE BERRY is 116m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 50% 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 RIDGE BERRY lies on this distribution: 52% of detached houses houses are smaller than RIDGE BERRY, and 47% of houses are larger. Note that EPC data is not available for all properties in Truro.

RIDGE BERRY: Plot and Title Map

RIDGE BERRY sits on a plot of roughly 0.298 of an acre, or 1,204m². The below map shows the location of RIDGE BERRY, 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 RIDGE BERRY). 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 RIDGE BERRY?

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