MADISON LODGE, HIGHER FRADDON, ST COLUMB, TR9 6NQ - £131,500

MADISON LODGE is a very small extended detached house of 78m², built sometime between 1930 and 1949. It was last sold for £131,500 in November 2009, which was around 50% below the average November 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2009, where the current energy rating was G, and the potential energy rating was F.

MADISON LODGE Sold Prices

Land registry data shows four sales for MADISON LODGE 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. All of the four MADISON LODGE sales were for below 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
2009 20 NOV	£131,500	£263,996	50% below HPI
2001 5 OCT	£70,000	£139,774	50% below HPI
2000 14 JAN	£68,500	£103,337	34% below HPI
1995 5 DEC	£20,000	£70,878	72% below HPI

MADISON 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 four MADISON LODGE sales between December 1995 and November 2009 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 October 2001 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2009 sale, which was also at 50% below the HPI.

How Large is MADISON LODGE?

MADISON LODGE is 78m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% of detached houses in Fraddon, based on EPC data. The below chart shows the distribution of detached houses by size in Fraddon, and where MADISON LODGE lies on this distribution: 15% of detached houses are smaller than MADISON LODGE, and 85% of houses are larger. Note that EPC data is not available for all properties in Fraddon.

MADISON LODGE: Plot and Title Map

MADISON LODGE sits on a plot of roughly 22.3 acres, or 90,181m². The below map shows the location of MADISON 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 MADISON 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 MADISON LODGE?

MADISON LODGE is located in HIGHER FRADDON, in the TR9 postcode district. The below map shows the position of MADISON LODGE in HIGHER FRADDON.