8, THE CEDARS, TRURO, TR1 2FD - £280,000

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.

8 THE CEDARS is a large flat of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £247,695. It was last sold for £280,000 in July 2022, which was around 70% above the average July 2022 flat price in the Cornwall local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.

8 THE CEDARS Sold Prices

Land registry data shows two sales for 8 THE CEDARS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Cornwall local authority area for the corresponding sale date. Both of the two 8 THE CEDARS 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
2022 25 JUL	£280,000	£164,440	70% above HPI
2011 16 MAY	£280,000	£114,460	145% above HPI

What might 8 THE CEDARS be worth now?

8 THE CEDARS might now be worth an estimated £247,695.

This is based on house price deflation of 11.5%, between July 2022 and April 2026, for flats, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.5% deflationary decrease is applied to the most recent sale price for 8 THE CEDARS of £280,000 on 25th July 2022. For the value to have decreased from £280,000 to £247,695 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 8 THE CEDARS has moved in line with the HPI for flats in the Cornwall local authority area.
• The July 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE CEDARS has not materially changed since July 2022.

How Large is 8 THE CEDARS?

8 THE CEDARS is 77m² according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of flats in Truro, based on EPC data. 75% of flats are smaller than 8 THE CEDARS, and 23% of flats are larger. Note that EPC data is not available for all properties in Truro.

8 THE CEDARS: Plot

8 THE CEDARS sits on a plot of roughly 0.482 of an acre, or 1,949m².

Where is 8 THE CEDARS?

8 THE CEDARS is located in TRURO, in the TR1 postcode district.