MORRAB HOUSE, THE SQUARE, GRAMPOUND ROAD, TRURO, TR2 4DS - £295,000

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.

MORRAB HOUSE is a very large extended semi-detached house of 196m², built sometime before 1900, which could now be worth an estimated £476,660. It was last sold for £295,000 in June 2005, which was around 69% above the average June 2005 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

MORRAB HOUSE Sold Prices

Land registry data shows three sales for MORRAB HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three MORRAB HOUSE 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
2005 17 JUN	£295,000	£174,085	69% above HPI
1998 11 DEC	£99,950	£56,982	75% above HPI
1996 29 MAR	£87,000	£45,156	93% above HPI

MORRAB HOUSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three MORRAB HOUSE sales between March 1996 and June 2005 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 December 1998 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the June 2005 sale, where it falls to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might MORRAB HOUSE be worth now?

MORRAB HOUSE might now be worth an estimated £476,660.

This is based on house price inflation of 61.6%, between June 2005 and May 2026, for semi-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 61.6% inflationary increase is applied to the most recent sale price for MORRAB HOUSE of £295,000 on 17th June 2005. For the value to have increased from £295,000 to £476,660 over the 21 years and one month to May 2026, the following assumptions must hold true:

• The value of MORRAB HOUSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The June 2005 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of MORRAB HOUSE has not materially changed since June 2005.

How Large is MORRAB HOUSE?

MORRAB HOUSE is 196m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 10% of semi-detached houses houses in Grampound Road, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grampound Road, and where MORRAB HOUSE lies on this distribution: 91% of semi-detached houses houses are smaller than MORRAB HOUSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Grampound Road.

MORRAB HOUSE: Plot and Title Map

MORRAB HOUSE sits on a plot of roughly 0.192 of an acre, or 777m². The below map shows the location of MORRAB HOUSE, 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 MORRAB HOUSE). 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 MORRAB HOUSE?

MORRAB HOUSE is located on THE SQUARE in GRAMPOUND ROAD, in the TR2 postcode district. The below map shows the position of MORRAB HOUSE on THE SQUARE.