1, EVEA CLOSE, TRURO, TR1 3XA - £235,000

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.

1 EVEA CLOSE is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £307,982. It was last sold for £235,000 in March 2018, which was around 30% below the average March 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

1 EVEA CLOSE Sold Prices

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

Date	Price	HPI Price	Variation from HPI
2018 23 MAR	£235,000	£333,621	30% below HPI
1997 24 NOV	£77,000	£86,897	11% below HPI

1 EVEA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 1 EVEA CLOSE sales from November 1997 and March 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 1 EVEA CLOSE be worth now?

1 EVEA CLOSE might now be worth an estimated £307,982.

This is based on house price inflation of 31.1%, between March 2018 and February 2025, 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 31.1% inflationary increase is applied to the most recent sale price for 1 EVEA CLOSE of £235,000 on 23rd March 2018. For the value to have increased from £235,000 to £307,982 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 1 EVEA CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 1 EVEA CLOSE has not materially changed since March 2018.

How Large is 1 EVEA CLOSE?

1 EVEA CLOSE is 81m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where 1 EVEA CLOSE lies on this distribution: 12% of detached houses houses are smaller than 1 EVEA CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Truro.

1 EVEA CLOSE: Plot and Title Map

1 EVEA CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 1 EVEA CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 EVEA CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 EVEA CLOSE?

1 EVEA CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 1 on EVEA CLOSE.