To me that is around .040 different, when seating the bullets will not the GDHP seat deeper in the case and cause more pressure than the UCHP.
This:
Measure the bullets from the base to the crimp groove.
Seating depth is what determines internal case volume; and thus,
potentially changing peak pressures. So yes,
you are correct: A longer bullet seated to the same OAL will yield less internal case volume, and likely increase peak pressure (or more accurately, increases burn rate - which indirectly increases peak pressure).
I have 110gn GDHP SB's (#4009), and I verified that they do indeed measure .520. I don't have UCHP's to measure. The big SB cavity in the nose makes for a longer bullet.
Speer #14 used the same OAL tested at 1.445" for both bullets. The depcition in the book certainly appears to show the cannelure (where you should seat the bullet) higher up the bullet (from the base) on the SB bullet, compared to the UC. BUT YET, Speer shows the same load data for both. Why? I don't know. It's a mystery.
I will say that I have used Speer's max data for the SB's using Power Pistol; AA#5, Bullseye, TiteGroup, and W231/HP38 - all with no trouble (for 38 Special). Since the SB's seat deeper in the case that the UC's, I would trust the same data using the UC's. YMMV.