3, DEVORAN LANE, DEVORAN, TRURO, TR3 6PA - £498,500

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

3 DEVORAN LANE is a large extended detached house of 160m², built sometime between 1950 and 1966, which could now be worth an estimated £771,274. It was last sold for £498,500 in July 2012, which was around 76% above the average July 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was E.

3 DEVORAN LANE Sold Prices

Land registry data shows two sales for 3 DEVORAN LANE 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 3 DEVORAN 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
2012 19 JUL	£498,500	£282,597	76% above HPI
2000 5 JUN	£295,000	£113,178	161% above HPI

3 DEVORAN 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 two 3 DEVORAN LANE sales from June 2000 and July 2012 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 June 2000 sale was for 161% above the HPI. So the extrapolation line tracks at 161% above the HPI over time, until the July 2012 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 3 DEVORAN LANE be worth now?

3 DEVORAN LANE might now be worth an estimated £771,274.

This is based on house price inflation of 54.7%, between July 2012 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 54.7% inflationary increase is applied to the most recent sale price for 3 DEVORAN LANE of £498,500 on 19th July 2012. For the value to have increased from £498,500 to £771,274 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 3 DEVORAN LANE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2012 sale price of £498,500 represented a fair market value for the property.
• The size, condition, and specification of 3 DEVORAN LANE has not materially changed since July 2012.

How Large is 3 DEVORAN LANE?

3 DEVORAN LANE is 160m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the largest 30% of detached houses houses in Devoran, based on EPC data. The below chart shows the distribution of detached houses houses by size in Devoran, and where 3 DEVORAN LANE lies on this distribution: 75% of detached houses houses are smaller than 3 DEVORAN LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Devoran.

3 DEVORAN LANE: Plot and Title Map

3 DEVORAN LANE sits on a plot of roughly 0.386 of an acre, or 1,561m². The below map shows the location of 3 DEVORAN 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 3 DEVORAN 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 3 DEVORAN LANE?

3 DEVORAN LANE is located in DEVORAN, in the TR3 postcode district. The below map shows the position of No. 3 on DEVORAN LANE.