1, UPPER SCHOOL LANE, TRURO, TR1 2HS - £804,000

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.

1 UPPER SCHOOL LANE is a very large extended detached house of 181m², built sometime between 1950 and 1966, which could now be worth an estimated £779,041. It was last sold for £804,000 in February 2023, which was around 78% above the average February 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

1 UPPER SCHOOL LANE Sold Prices

Land registry data shows three sales for 1 UPPER SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 1 UPPER SCHOOL LANE 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
2023 10 FEB	£804,000	£451,239	78% above HPI
2016 4 AUG	£355,000	£305,644	16% above HPI
2006 8 MAR	£325,000	£263,325	23% above HPI

1 UPPER SCHOOL LANE 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 three 1 UPPER SCHOOL LANE sales between March 2006 and February 2023 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 August 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2023 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 1 UPPER SCHOOL LANE be worth now?

1 UPPER SCHOOL LANE might now be worth an estimated £779,041.

This is based on house price deflation of 3.1%, between February 2023 and February 2025, for detached 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 3.1% deflationary decrease is applied to the most recent sale price for 1 UPPER SCHOOL LANE of £804,000 on 10th February 2023. For the value to have decreased from £804,000 to £779,041 over the two years to February 2025, the following assumptions must hold true:

• The value of 1 UPPER SCHOOL LANE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2023 sale price of £804,000 represented a fair market value for the property.
• The size, condition, and specification of 1 UPPER SCHOOL LANE has not materially changed since February 2023.

How Large is 1 UPPER SCHOOL LANE?

1 UPPER SCHOOL LANE is 181m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where 1 UPPER SCHOOL LANE lies on this distribution: 88% of detached houses houses are smaller than 1 UPPER SCHOOL LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Truro.

1 UPPER SCHOOL LANE: Plot and Title Map

1 UPPER SCHOOL LANE sits on a plot of roughly 0.197 of an acre, or 799m². The below map shows the location of 1 UPPER SCHOOL LANE, 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 1 UPPER SCHOOL LANE). 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 1 UPPER SCHOOL LANE?

1 UPPER SCHOOL LANE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 1 on UPPER SCHOOL LANE.