2, THE SQUARE, GERRANS, TRURO, TR2 5GA - £271,500

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 THE SQUARE is a large extended terraced house of 99m², built sometime before 1900, which could now be worth an estimated £374,916. It was last sold for £271,500 in January 2016, which was around 64% above the average January 2016 terraced price in the Cornwall local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

2 THE SQUARE Sold Prices

Land registry data shows one sale for 2 THE SQUARE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2016 11 JAN	£271,500	£165,119	64% above HPI

What might 2 THE SQUARE be worth now?

2 THE SQUARE might now be worth an estimated £374,916.

This is based on house price inflation of 38.1%, between January 2016 and July 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 38.1% inflationary increase is applied to the most recent sale price for 2 THE SQUARE of £271,500 on 11th January 2016. For the value to have increased from £271,500 to £374,916 over the nine years and six months to July 2026, the following assumptions must hold true:

• The value of 2 THE SQUARE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The January 2016 sale price of £271,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THE SQUARE has not materially changed since January 2016.

How Large is 2 THE SQUARE?

2 THE SQUARE is 99m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 30% of terraced houses in Gerrans, based on EPC data. The below chart shows the distribution of terraced houses by size in Gerrans, and where 2 THE SQUARE lies on this distribution: 78% of terraced houses are smaller than 2 THE SQUARE, and 22% of terraced houses are larger. Note that EPC data is not available for all properties in Gerrans.

2 THE SQUARE: Plot

2 THE SQUARE sits on a plot of roughly 0.037 of an acre, or 151m².

Where is 2 THE SQUARE?

2 THE SQUARE is located in GERRANS, in the TR2 postcode district.