HOMELEIGH, TRURO VEAN TERRACE, TRURO, TR1 1HA - £440,000

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

HOMELEIGH is a very large extended detached house of 181m², built sometime between 1996 and 2002. It was last sold for £440,000 in February 2020, which was around 30% above the average February 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

HOMELEIGH Sold Prices

Land registry data shows four sales for HOMELEIGH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. two of the four HOMELEIGH sales were for above the average price, and four 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 21 FEB	£440,000	£339,150	30% above HPI
2013 15 APR	£415,000	£267,346	55% above HPI
2001 23 MAY	£80,000	£126,825	37% below HPI
1998 7 AUG	£52,500	£90,247	42% below HPI

HOMELEIGH 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 four HOMELEIGH sales between August 1998 and February 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 April 2013 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2020 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is HOMELEIGH?

HOMELEIGH is 181m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the largest 20% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where HOMELEIGH lies on this distribution: 89% of detached houses are smaller than HOMELEIGH, and 11% of houses are larger. Note that EPC data is not available for all properties in Truro.

HOMELEIGH: Plot and Title Map

HOMELEIGH sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of HOMELEIGH, 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 HOMELEIGH). 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 HOMELEIGH?

HOMELEIGH is located on TRURO VEAN TERRACE in TRURO, in the TR1 postcode district. The below map shows the position of HOMELEIGH on TRURO VEAN TERRACE.