24, LEWMAN ROAD, PROBUS, TRURO, TR2 4LL - £246,000

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.

24 LEWMAN ROAD is a small extended terraced house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £312,407. It was last sold for £246,000 in May 2018, which was around 39% above the average May 2018 terraced price in the Cornwall local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

24 LEWMAN ROAD Sold Prices

Land registry data shows two sales for 24 LEWMAN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 24 LEWMAN ROAD 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 18 MAY	£246,000	£176,828	39% above HPI
1998 12 JUN	£77,950	£44,674	74% above HPI

24 LEWMAN ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The two 24 LEWMAN ROAD sales from June 1998 and May 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 June 1998 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the May 2018 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 24 LEWMAN ROAD be worth now?

24 LEWMAN ROAD might now be worth an estimated £312,407.

This is based on house price inflation of 27%, between May 2018 and June 2025, for terraced 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 27% inflationary increase is applied to the most recent sale price for 24 LEWMAN ROAD of £246,000 on 18th May 2018. For the value to have increased from £246,000 to £312,407 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of 24 LEWMAN ROAD has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The May 2018 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LEWMAN ROAD has not materially changed since May 2018.

How Large is 24 LEWMAN ROAD?

24 LEWMAN ROAD is 86m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of terraced houses houses in Probus, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Probus, and where 24 LEWMAN ROAD lies on this distribution: 37% of terraced houses houses are smaller than 24 LEWMAN ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Probus.

24 LEWMAN ROAD: Plot and Title Map

24 LEWMAN ROAD sits on a plot of roughly 6.7 acres, or 26,955m². The below map shows the location of 24 LEWMAN ROAD, 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 24 LEWMAN ROAD). 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 24 LEWMAN ROAD?

24 LEWMAN ROAD is located in PROBUS, in the TR2 postcode district. The below map shows the position of No. 24 on LEWMAN ROAD.