2, OAK VALE, GRAMPOUND, TRURO, TR2 4QY - £490,000

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 OAK VALE is a very large extended detached house of 235m², built sometime between 1983 and 1990, which could now be worth an estimated £673,290. It was last sold for £490,000 in December 2015, which was around 57% above the average December 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

2 OAK VALE Sold Prices

Land registry data shows one sale for 2 OAK VALE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 9 DEC	£490,000	£311,927	57% above HPI

What might 2 OAK VALE be worth now?

2 OAK VALE might now be worth an estimated £673,290.

This is based on house price inflation of 37.4%, between December 2015 and May 2026, 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 37.4% inflationary increase is applied to the most recent sale price for 2 OAK VALE of £490,000 on 9th December 2015. For the value to have increased from £490,000 to £673,290 over the eleven years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 OAK VALE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2015 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAK VALE has not materially changed since December 2015.

How Large is 2 OAK VALE?

2 OAK VALE is 235m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 10% of detached houses in Grampound, based on EPC data. The below chart shows the distribution of detached houses by size in Grampound, and where 2 OAK VALE lies on this distribution: 95% of detached houses are smaller than 2 OAK VALE, and 5% of detached houses are larger. Note that EPC data is not available for all properties in Grampound.

2 OAK VALE: Plot

2 OAK VALE sits on a plot of roughly 0.302 of an acre, or 1,222m².

Where is 2 OAK VALE?

2 OAK VALE is located in GRAMPOUND, in the TR2 postcode district.