THE LODGE, SILVER HILL, PERRANWELL STATION, TRURO, TR3 7LR - £587,000

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

THE LODGE is a midsized extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £587,000 in October 2020, which was around 61% above the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2020, where the current energy rating was F, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows three sales for THE LODGE 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 THE 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
2020 7 OCT	£587,000	£364,602	61% above HPI
2009 25 SEP	£495,000	£261,819	89% above HPI
2004 27 OCT	£333,000	£255,372	30% above HPI

THE 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 three THE LODGE sales between October 2004 and October 2020 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 2009 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the October 2020 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is THE LODGE?

THE LODGE is 137m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in Perranwell, based on EPC data. The below chart shows the distribution of detached houses by size in Perranwell, and where THE LODGE lies on this distribution: 48% of detached houses are smaller than THE LODGE, and 52% of houses are larger. Note that EPC data is not available for all properties in Perranwell.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.631 of an acre, or 2,553m². The below map shows the location of THE 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 THE 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 THE LODGE?

THE LODGE is located on SILVER HILL in PERRANWELL STATION, in the TR3 postcode district. The below map shows the position of THE LODGE on SILVER HILL.