11, VALLEY CLOSE, TRURO, TR1 3UN - £295,000

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.

11 VALLEY CLOSE is a small extended detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £336,519. It was last sold for £295,000 in January 2021, which was around 23% below the average January 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

11 VALLEY CLOSE Sold Prices

Land registry data shows two sales for 11 VALLEY 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 11 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
2021 29 JAN	£295,000	£383,286	23% below HPI
2011 24 FEB	£176,000	£282,330	38% below HPI

11 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 two 11 VALLEY CLOSE sales from February 2011 and January 2021 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 February 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 11 VALLEY CLOSE be worth now?

11 VALLEY CLOSE might now be worth an estimated £336,519.

This is based on house price inflation of 14.1%, between January 2021 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 14.1% inflationary increase is applied to the most recent sale price for 11 VALLEY CLOSE of £295,000 on 29th January 2021. For the value to have increased from £295,000 to £336,519 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 11 VALLEY CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 11 VALLEY CLOSE has not materially changed since January 2021.

How Large is 11 VALLEY CLOSE?

11 VALLEY CLOSE is 89m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 30% 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 11 VALLEY CLOSE lies on this distribution: 21% of detached houses houses are smaller than 11 VALLEY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Truro.

11 VALLEY CLOSE: Plot and Title Map

11 VALLEY CLOSE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 11 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 11 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 11 VALLEY CLOSE?

11 VALLEY CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 11 on VALLEY CLOSE.