48, VENTONLACE, GRAMPOUND ROAD, TRURO, TR2 4EQ - £145,000

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.

48 VENTONLACE is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £179,574. It was last sold for £145,000 in September 2019, which was around 22% below the average September 2019 terraced price in the Cornwall local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

48 VENTONLACE Sold Prices

Land registry data shows five sales for 48 VENTONLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the five 48 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
2019 27 SEP	£145,000	£186,202	22% below HPI
2016 28 OCT	£136,500	£165,886	18% below HPI
2012 4 MAY	£118,000	£153,007	23% below HPI
2004 22 DEC	£127,000	£141,471	10% below HPI
1998 15 JUN	£40,950	£44,674	8% below HPI

48 VENTONLACE 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 five 48 VENTONLACE sales between June 1998 and September 2019 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 October 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 48 VENTONLACE be worth now?

48 VENTONLACE might now be worth an estimated £179,574.

This is based on house price inflation of 23.8%, between September 2019 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 23.8% inflationary increase is applied to the most recent sale price for 48 VENTONLACE of £145,000 on 27th September 2019. For the value to have increased from £145,000 to £179,574 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 48 VENTONLACE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The September 2019 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 48 VENTONLACE has not materially changed since September 2019.

How Large is 48 VENTONLACE?

48 VENTONLACE is 55m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 10% of terraced houses houses in Grampound Road, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grampound Road, and where 48 VENTONLACE lies on this distribution: Less than 1% of terraced houses houses are smaller than 48 VENTONLACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Grampound Road.

48 VENTONLACE: Plot and Title Map

48 VENTONLACE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 48 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 48 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 48 VENTONLACE?

48 VENTONLACE is located in GRAMPOUND ROAD, in the TR2 postcode district. The below map shows the position of No. 48 on VENTONLACE.