LADYMEAD, FORGE WAY, SHORTLANESEND, TRURO, TR4 9DB - £290,000

LADYMEAD is a large extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £290,000 in July 2016, which was around 3% below the average July 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

LADYMEAD Sold Prices

Land registry data shows four sales for LADYMEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. two of the four LADYMEAD sales were for below the average price, and four 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
2016 15 JUL	£290,000	£297,479	3% below HPI
2011 3 NOV	£300,000	£272,032	10% above HPI
2008 20 MAR	£225,000	£291,226	23% below HPI
1998 28 AUG	£93,000	£90,247	3% above HPI

LADYMEAD 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 four LADYMEAD sales between August 1998 and July 2016 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 2011 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is LADYMEAD?

LADYMEAD is 115m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the largest 40% of detached houses in Shortlanesend, based on EPC data. The below chart shows the distribution of detached houses by size in Shortlanesend, and where LADYMEAD lies on this distribution: 61% of detached houses are smaller than LADYMEAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Shortlanesend.

LADYMEAD: Plot and Title Map

LADYMEAD sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of LADYMEAD, 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 LADYMEAD). 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 LADYMEAD?

LADYMEAD is located on FORGE WAY in SHORTLANESEND, in the TR4 postcode district. The below map shows the position of LADYMEAD on FORGE WAY.