Undeveloped, I don't see any value in this name. Value would lie in development, which is what you've started doing with this one.
It depends on what those words are, but yes, if those 2 words are a lot better than the 1 word name, absolutely it'd be worth a lot more.
Even in the .com there's still a number of 1 word .com available that are not even worth reg fee because people don't even know what those words mean & they don't have really any development potential to them.
