2, UPLANDS VEAN, TRURO, TR1 1NH - £197,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 UPLANDS VEAN is a very small detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £296,823. It was last sold for £197,000 in September 2014, which was around 33% below the average September 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

2 UPLANDS VEAN Sold Prices

Land registry data shows two sales for 2 UPLANDS VEAN 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 2 UPLANDS VEAN 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
2014 26 SEP	£197,000	£294,683	33% below HPI
1998 6 NOV	£81,500	£92,806	12% below HPI

2 UPLANDS VEAN 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 2 UPLANDS VEAN sales from November 1998 and September 2014 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 November 1998 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 UPLANDS VEAN be worth now?

2 UPLANDS VEAN might now be worth an estimated £296,823.

This is based on house price inflation of 50.7%, between September 2014 and December 2024, 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 50.7% inflationary increase is applied to the most recent sale price for 2 UPLANDS VEAN of £197,000 on 26th September 2014. For the value to have increased from £197,000 to £296,823 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 UPLANDS VEAN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2014 sale price of £197,000 represented a fair market value for the property.
• The size, condition, and specification of 2 UPLANDS VEAN has not materially changed since September 2014.

How Large is 2 UPLANDS VEAN?

2 UPLANDS VEAN is 64m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% 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 2 UPLANDS VEAN lies on this distribution: 2% of detached houses houses are smaller than 2 UPLANDS VEAN, and 97% of houses are larger. Note that EPC data is not available for all properties in Truro.

2 UPLANDS VEAN: Plot and Title Map

2 UPLANDS VEAN sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 2 UPLANDS VEAN, 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 2 UPLANDS VEAN). 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 2 UPLANDS VEAN?

2 UPLANDS VEAN is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 2 on UPLANDS VEAN.