THE OLD ORCHARD, UPPER SCHOOL LANE, TRURO, TR1 2HS - £1,400,000

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 OLD ORCHARD is a very large extended detached house of 534m², built sometime between 2003 and 2006. It was last sold for £1,400,000 in August 2021, which was around 266% above the average August 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was B.

THE OLD ORCHARD Sold Prices

Land registry data shows two sales for THE OLD ORCHARD 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 THE OLD ORCHARD 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
2021 17 AUG	£1,400,000	£382,558	266% above HPI
2005 12 JUL	£300,000	£259,981	15% above HPI

THE OLD ORCHARD 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 THE OLD ORCHARD sales from July 2005 and August 2021 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 July 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2021 sale, where it rises to 266% above the HPI. The line then continues to track at 266% above the HPI.

How Large is THE OLD ORCHARD?

THE OLD ORCHARD is 534m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where THE OLD ORCHARD lies on this distribution: More than 99% of detached houses are smaller than THE OLD ORCHARD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Truro.

THE OLD ORCHARD: Plot and Title Map

THE OLD ORCHARD sits on a plot of roughly 0.352 of an acre, or 1,425m². The below map shows the location of THE OLD ORCHARD, 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 OLD ORCHARD). 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 OLD ORCHARD?

THE OLD ORCHARD is located on UPPER SCHOOL LANE in TRURO, in the TR1 postcode district. The below map shows the position of THE OLD ORCHARD on UPPER SCHOOL LANE.