Oak Tree Lodge, Truro
Oak Tree Lodge, Truro
Description & Estimates
Oak Tree Lodge, Truro is recorded publicly as a modern freehold house across 1,679 ft2 of internal area, sitting on a 678 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Oak Tree Lodge, Truro is £517,567 and its rental estimate is £1,569 per month, given the available information and assuming reasonable condition.
Nampara Way, Truro, TR1 falls within the TR1 postal district.
Our Data Sources
Oak Tree Lodge, Truro has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Oak Tree Lodge, Truro, we estimate a market value of £543,446 and a rental value of £1,648 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £481,338 and £1,459 per month respectively.
Recent Market Change
Over the last year, Oak Tree Lodge, Truro has seen its estimated sale value move down by £13,038 (2.5%) and its estimated rental value increase by £53 per month (3.4%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for Oak Tree Lodge, Truro as measuring 678 m2.
That makes it the 7th largest plot in the postcode, where 9 of the 12 other houses have recorded plot data.
Energy Efficiency
Oak Tree Lodge, Truro has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Oak Tree Lodge, Truro completed on 25th February 2021 at £497,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 5.0% over the period since February 2021.
- Sold Feb 2021£497,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Oak Tree Lodge, Truro have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2024, was 5, Blackberry Way, Truro, TR1 1QX, a freehold house which sold for £538,000.
Read more about house prices in TR1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 12 addresses on Nampara Way, Truro, TR1, Oak Tree Lodge, Truro comes out as the 3rd largest and the 5th most expensive in our analysis of the public data.
It is also £199k more expensive than the average property across the TR1 district.
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Schools Nearby
- 500mTregolls Academy
- 1.1kmArchbishop Benson CofE Primary School
- 1.6kmBosvigo School
- 700mPenair School
- 4.7kmRichard Lander School
- 9.3kmThe Roseland Academy
More reading links
Public Transport Nearby
From Oak Tree Lodge, Truro, the nearest station is Truro, 2.0 kilometres away.
- 2.0kmTruro
- 7.4kmPerranwell
- 11.5kmPenryn (Cornwall)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
