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

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

3 OAK VALE is a very large extended detached house of 280m², built sometime between 1991 and 1995, which could now be worth an estimated £959,566. It was last sold for £287,000 in July 2001, which was around 119% 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	£130,773	119% above HPI
1999 3 NOV	£217,000	£103,500	110% above HPI
1997 9 MAY	£178,500	£78,773	127% 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 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the July 2001 sale, where it rises to 119% above the HPI. The line then continues to track at 119% above the HPI.

What might 3 OAK VALE be worth now?

3 OAK VALE might now be worth an estimated £959,566.

This is based on house price inflation of 234.3%, between July 2001 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 234.3% inflationary increase is applied to the most recent sale price for 3 OAK VALE of £287,000 on 30th July 2001. For the value to have increased from £287,000 to £959,566 over the 24 years and five months to February 2025, the following assumptions must hold true:

• The value of 3 OAK VALE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2001 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OAK VALE has not materially changed since July 2001.

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 houses in Grampound, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grampound, and where 3 OAK VALE lies on this distribution: More than 99% of detached houses 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.