12, THE FORGE, CARNON DOWNS, TRURO, TR3 6JP - £407,500

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.

12 THE FORGE is a midsized extended detached house of 115m², built sometime between 1983 and 1990, which could now be worth an estimated £410,665. It was last sold for £407,500 in February 2024, which was around 6% below the average February 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

12 THE FORGE Sold Prices

Land registry data shows three sales for 12 THE FORGE 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. The three 12 THE FORGE sales were a mix of below the average price, roughly equal to the average price, and 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
2024 29 FEB	£407,500	£433,861	6% below HPI
2006 20 NOV	£285,000	£286,027	Close to HPI
1995 14 DEC	£86,950	£71,995	21% above HPI

12 THE FORGE 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 12 THE FORGE sales between December 1995 and February 2024 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 November 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 12 THE FORGE be worth now?

12 THE FORGE might now be worth an estimated £410,665.

This is based on house price inflation of 0.8%, between February 2024 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 0.8% inflationary increase is applied to the most recent sale price for 12 THE FORGE of £407,500 on 29th February 2024. For the value to have increased from £407,500 to £410,665 over the one year to February 2025, the following assumptions must hold true:

• The value of 12 THE FORGE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2024 sale price of £407,500 represented a fair market value for the property.
• The size, condition, and specification of 12 THE FORGE has not materially changed since February 2024.

How Large is 12 THE FORGE?

12 THE FORGE is 115m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses houses in Carnon Downs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carnon Downs, and where 12 THE FORGE lies on this distribution: 57% of detached houses houses are smaller than 12 THE FORGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Carnon Downs.

12 THE FORGE: Plot and Title Map

12 THE FORGE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 12 THE FORGE, 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 12 THE FORGE). 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 12 THE FORGE?

12 THE FORGE is located in CARNON DOWNS, in the TR3 postcode district. The below map shows the position of No. 12 on THE FORGE.