14, VENTONLACE, GRAMPOUND ROAD, TRURO, TR2 4EQ - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 VENTONLACE is a very small detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £228,449. It was last sold for £235,000 in June 2023, which was around 47% below the average June 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

14 VENTONLACE Sold Prices

Land registry data shows two sales for 14 VENTONLACE 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 14 VENTONLACE 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
2023 9 JUN	£235,000	£443,276	47% below HPI
2004 4 MAY	£139,000	£239,404	42% below HPI

14 VENTONLACE 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 14 VENTONLACE sales from May 2004 and June 2023 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 May 2004 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 14 VENTONLACE be worth now?

14 VENTONLACE might now be worth an estimated £228,449.

This is based on house price deflation of 2.8%, between June 2023 and October 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 2.8% deflationary decrease is applied to the most recent sale price for 14 VENTONLACE of £235,000 on 9th June 2023. For the value to have decreased from £235,000 to £228,449 over the one year and eight months to October 2025, the following assumptions must hold true:

• The value of 14 VENTONLACE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2023 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 14 VENTONLACE has not materially changed since June 2023.

How Large is 14 VENTONLACE?

14 VENTONLACE is 69m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses houses in Grampound Road, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grampound Road, and where 14 VENTONLACE lies on this distribution: 11% of detached houses houses are smaller than 14 VENTONLACE, and 87% of houses are larger. Note that EPC data is not available for all properties in Grampound Road.

14 VENTONLACE: Plot and Title Map

14 VENTONLACE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 14 VENTONLACE, 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 14 VENTONLACE). 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 14 VENTONLACE?

14 VENTONLACE is located in GRAMPOUND ROAD, in the TR2 postcode district. The below map shows the position of No. 14 on VENTONLACE.