17, BISHOPS CLOSE, TRURO, TR1 3RR - £145,000

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

17 BISHOPS CLOSE is a very small detached house of 59m², built sometime between 1950 and 1966. It was last sold for £145,000 in December 2019, which was around 58% below the average December 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

17 BISHOPS CLOSE Sold Prices

Land registry data shows four sales for 17 BISHOPS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 17 BISHOPS 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
2019 16 DEC	£145,000	£341,511	58% below HPI
2013 18 NOV	£120,000	£277,939	57% below HPI
2001 22 NOV	£120,500	£141,481	15% below HPI
1998 9 JUN	£78,500	£88,388	11% below HPI

17 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 four 17 BISHOPS CLOSE sales between June 1998 and December 2019 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 2013 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the December 2019 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 17 BISHOPS CLOSE?

17 BISHOPS CLOSE is 59m² according to the EPC inspection conducted in May 2017. 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 17 BISHOPS CLOSE lies on this distribution: 1% of detached houses are smaller than 17 BISHOPS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Truro.

17 BISHOPS CLOSE: Plot and Title Map

17 BISHOPS CLOSE sits on a plot of roughly 0.103 of an acre, or 419m². The below map shows the location of 17 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 17 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 17 BISHOPS CLOSE?

17 BISHOPS CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 17 on BISHOPS CLOSE.