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TR1

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New builds in TR1: what they really sell for.

0 new-build homes sold in TR1 in the last 12 months, 0% of all sales. New detached homes sold for a median £815,000, 81.0% more than existing ones.

Truro, covering Gloweth, Malabar & Shortlanesend, Probus & St Erme, Truro Boscawen & Redannick, Truro Moresk & Trehaverne, Truro Tregolls, Kenwyn, St. Clement.

New homes sold

0

0% of sales, last 12 months

New-build premium

+81.0%

Detached homes

Resold, vs market

+19.9%

Market +23.9%

Energy bills

~£703/yr

15% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Gwarak TewdarTR1 2FL · detached · 5 sold · latest Aug 2025
£685k–£900k£4,750/m²
Arch Hill PlaceTR1 2FU · detached · 4 sold · latest Aug 2025
£783k–£915k£5,250/m²
Rosva NansavalenTR1 2FR · detached · 4 sold · latest Mar 2025
£620k–£710k£11,660/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

+81.0%

New £815k · existing £450k

13 new-build sales

Resale

Do new builds in TR1 hold their value?

Bought new, resold

+19.9%

Local market, same years

+23.9%

Kept pace

45 of 134

Typically held 4.4 years

Homes in TR1 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£703/yr

Typical 151 m² home

Typical rating

EPC B

Solar panels

15%

of homes

Heat pumps

0%

of homes

From the energy certificates of 13 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in TR1?

Over the last two years, new detached homes in TR1 sold for a median £815,000 against £450,250 for existing ones, a difference of +81.0%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in TR1 hold their value?

134 homes in TR1 bought new and later resold changed by a median +19.9%, typically after 4.4 years. The local market moved +23.9% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in TR1?

Recent new-build sales recorded by Land Registry in TR1 include Gwarak Tewdar, Arch Hill Place, Rosva Nansavalen. New streets appear once the first homes complete.

How do I know if a new build in TR1 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers