3, OAK VALE, GRAMPOUND, TRURO, TR2 4QY - £287,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 OAK VALE is a very large extended detached house of 280m², built sometime between 1991 and 1995. It was last sold for £287,000 in July 2001, which was around 123% above the average July 2001 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

3 OAK VALE Sold Prices

Land registry data shows three sales for 3 OAK VALE 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 3 OAK VALE 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
2001 30 JUL	£287,000	£128,745	123% above HPI
1999 3 NOV	£217,000	£101,894	113% above HPI
1997 9 MAY	£178,500	£77,551	130% above HPI

3 OAK VALE 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 3 OAK VALE sales between May 1997 and July 2001 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 1999 sale was for 113% above the HPI. So the extrapolation line tracks at 113% above the HPI over time, until the July 2001 sale, where it rises to 123% above the HPI. The line then continues to track at 123% above the HPI.

How Large is 3 OAK VALE?

3 OAK VALE is 280m², which includes four extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses in Grampound, based on EPC data. The below chart shows the distribution of detached houses by size in Grampound, and where 3 OAK VALE lies on this distribution: More than 99% of detached houses are smaller than 3 OAK VALE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Grampound.

3 OAK VALE: Plot and Title Map

3 OAK VALE sits on a plot of roughly 0.369 of an acre, or 1,494m². The below map shows the location of 3 OAK VALE, 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 OAK VALE). 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 OAK VALE?

3 OAK VALE is located in GRAMPOUND, in the TR2 postcode district. The below map shows the position of No. 3 on OAK VALE.