2, BELMONT TERRACE, DEVORAN, TRURO, TR3 6PX - £670,000

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.

2 BELMONT TERRACE is a large extended terraced house of 173m², built sometime before 1900, which could now be worth an estimated £756,817. It was last sold for £670,000 in December 2020, which was around 228% above the average December 2020 terraced price in the Cornwall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

2 BELMONT TERRACE Sold Prices

Land registry data shows four sales for 2 BELMONT TERRACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the four 2 BELMONT TERRACE 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
2020 7 DEC	£670,000	£204,147	228% above HPI
2014 22 AUG	£495,000	£156,905	215% above HPI
1999 26 FEB	£130,000	£46,071	182% above HPI
1995 7 JUL	£89,000	£36,601	143% above HPI

2 BELMONT TERRACE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The four 2 BELMONT TERRACE sales between July 1995 and December 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 August 2014 sale was for 215% above the HPI. So the extrapolation line tracks at 215% above the HPI over time, until the December 2020 sale, where it rises to 228% above the HPI. The line then continues to track at 228% above the HPI.

What might 2 BELMONT TERRACE be worth now?

2 BELMONT TERRACE might now be worth an estimated £756,817.

This is based on house price inflation of 13%, between December 2020 and May 2026, for terraced 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 13% inflationary increase is applied to the most recent sale price for 2 BELMONT TERRACE of £670,000 on 7th December 2020. For the value to have increased from £670,000 to £756,817 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 BELMONT TERRACE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The December 2020 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BELMONT TERRACE has not materially changed since December 2020.

How Large is 2 BELMONT TERRACE?

2 BELMONT TERRACE is 173m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 30% of terraced houses houses in Devoran, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Devoran, and where 2 BELMONT TERRACE lies on this distribution: 80% of terraced houses houses are smaller than 2 BELMONT TERRACE, and 20% of houses are larger. Note that EPC data is not available for all properties in Devoran.

2 BELMONT TERRACE: Plot and Title Map

2 BELMONT TERRACE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 2 BELMONT TERRACE, 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 2 BELMONT TERRACE). 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 2 BELMONT TERRACE?

2 BELMONT TERRACE is located in DEVORAN, in the TR3 postcode district. The below map shows the position of No. 2 on BELMONT TERRACE.