10, BISHOPS CLOSE, TRURO, TR1 3RR - £275,000

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

10 BISHOPS CLOSE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £275,000 in August 2016, which was around 9% below the average August 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

10 BISHOPS CLOSE Sold Prices

Land registry data shows three sales for 10 BISHOPS 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. Two of the three 10 BISHOPS CLOSE sales were for below the average price, whilst one was for above 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 12 AUG	£275,000	£300,903	9% below HPI
2015 1 SEP	£254,000	£303,080	16% below HPI
1996 25 OCT	£81,000	£75,369	7% above HPI

10 BISHOPS 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 10 BISHOPS CLOSE sales between October 1996 and August 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 September 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 10 BISHOPS CLOSE?

10 BISHOPS CLOSE is 72m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 10 BISHOPS CLOSE lies on this distribution: 6% of detached houses are smaller than 10 BISHOPS CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Truro.

10 BISHOPS CLOSE: Plot and Title Map

10 BISHOPS CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 10 BISHOPS 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 10 BISHOPS 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 10 BISHOPS CLOSE?

10 BISHOPS CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 10 on BISHOPS CLOSE.