1, VALLEY CLOSE, TRURO, TR1 3UN - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 VALLEY CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £240,000 in February 2016, which was around 20% below the average February 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

1 VALLEY CLOSE Sold Prices

Land registry data shows three sales for 1 VALLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 1 VALLEY 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
2016 29 FEB	£240,000	£301,849	20% below HPI
2005 14 DEC	£217,500	£260,577	17% below HPI
2002 2 JAN	£128,500	£144,481	11% below HPI

1 VALLEY 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 three 1 VALLEY CLOSE sales between January 2002 and February 2016 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 December 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 VALLEY CLOSE?

1 VALLEY CLOSE is 86m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 1 VALLEY CLOSE lies on this distribution: 18% of detached houses are smaller than 1 VALLEY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Truro.

1 VALLEY CLOSE: Plot and Title Map

1 VALLEY CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 1 VALLEY 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 VALLEY 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 VALLEY CLOSE?

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