SOUTH VILLA, SOUTH STREET, GRAMPOUND ROAD, TRURO, TR2 4EA - £185,000

SOUTH VILLA is a small extended detached house of 74m², built sometime between 1950 and 1966. It was last sold for £185,000 in February 2018, which was around 44% below the average February 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

SOUTH VILLA Sold Prices

Land registry data shows two sales for SOUTH VILLA 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 SOUTH VILLA 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
2018 9 FEB	£185,000	£327,866	44% below HPI
2015 23 JUN	£162,000	£296,815	45% below HPI

SOUTH VILLA 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 SOUTH VILLA sales from June 2015 and February 2018 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 June 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2018 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is SOUTH VILLA?

SOUTH VILLA is 74m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in Grampound Road, based on EPC data. The below chart shows the distribution of detached houses by size in Grampound Road, and where SOUTH VILLA lies on this distribution: 26% of detached houses are smaller than SOUTH VILLA, and 74% of houses are larger. Note that EPC data is not available for all properties in Grampound Road.

SOUTH VILLA: Plot and Title Map

SOUTH VILLA sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of SOUTH VILLA, 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 SOUTH VILLA). 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 SOUTH VILLA?

SOUTH VILLA is located on SOUTH STREET in GRAMPOUND ROAD, in the TR2 postcode district. The below map shows the position of SOUTH VILLA on SOUTH STREET.