1, VERICA, STATION ROAD, GRAMPOUND ROAD, TRURO, TR2 4EE - £300,000

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 VERICA is a large detached house of 128m², which could now be worth an estimated £347,592. It was last sold for £300,000 in November 2020, which was around 21% below the average November 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

1 VERICA Sold Prices

Land registry data shows two sales for 1 VERICA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 1 VERICA 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
2020 20 NOV	£300,000	£377,366	21% below HPI
2018 12 OCT	£287,000	£341,588	16% below HPI

1 VERICA 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 two 1 VERICA sales from October 2018 and November 2020 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 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 VERICA be worth now?

1 VERICA might now be worth an estimated £347,592.

This is based on house price inflation of 15.9%, between November 2020 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 15.9% inflationary increase is applied to the most recent sale price for 1 VERICA of £300,000 on 20th November 2020. For the value to have increased from £300,000 to £347,592 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 VERICA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 1 VERICA has not materially changed since November 2020.

How Large is 1 VERICA?

1 VERICA is 128m² according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses houses in Grampound Road, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grampound Road, and where 1 VERICA lies on this distribution: 61% of detached houses houses are smaller than 1 VERICA, and 36% of houses are larger. Note that EPC data is not available for all properties in Grampound Road.

1 VERICA: Plot and Title Map

1 VERICA sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 1 VERICA, 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 VERICA). 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 VERICA?

1 VERICA is located on STATION ROAD in GRAMPOUND ROAD, in the TR2 postcode district. The below map shows the position of 1 VERICA on STATION ROAD.