VALE LODGE, SCHOOL HILL, SHORTLANESEND, TRURO, TR4 9DU - £480,000

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

VALE LODGE is a very large extended detached house of 324m², built sometime between 2003 and 2006. It was last sold for £480,000 in August 2015, which was around 61% above the average August 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was D.

VALE LODGE Sold Prices

Land registry data shows three sales for VALE 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 VALE 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
2015 3 AUG	£480,000	£298,951	61% above HPI
2008 2 MAY	£460,000	£286,996	60% above HPI
2005 6 JUN	£520,000	£258,643	101% above HPI

VALE 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 VALE LODGE sales between June 2005 and August 2015 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 May 2008 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the August 2015 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

How Large is VALE LODGE?

VALE LODGE is 324m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% of detached houses in Shortlanesend, based on EPC data. The below chart shows the distribution of detached houses by size in Shortlanesend, and where VALE LODGE lies on this distribution: More than 99% of detached houses are smaller than VALE LODGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Shortlanesend.

VALE LODGE: Plot and Title Map

VALE LODGE sits on a plot of roughly 0.225 of an acre, or 909m². The below map shows the location of VALE 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 VALE 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 VALE LODGE?

VALE LODGE is located on SCHOOL HILL in SHORTLANESEND, in the TR4 postcode district. The below map shows the position of VALE LODGE on SCHOOL HILL.