18, BISHOPS CLOSE, TRURO, TR1 3RR - £395,000

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

18 BISHOPS CLOSE is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £395,000 in June 2017, which was around 27% above the average June 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

18 BISHOPS CLOSE Sold Prices

Land registry data shows three sales for 18 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. All of the three 18 BISHOPS CLOSE sales were 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
2017 29 JUN	£395,000	£311,096	27% above HPI
2013 1 AUG	£285,000	£276,259	3% above HPI
2003 15 APR	£248,000	£201,318	23% above HPI

18 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 18 BISHOPS CLOSE sales between April 2003 and June 2017 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 August 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2017 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 18 BISHOPS CLOSE?

18 BISHOPS CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 18 BISHOPS CLOSE lies on this distribution: 29% of detached houses are smaller than 18 BISHOPS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Truro.

18 BISHOPS CLOSE: Plot and Title Map

18 BISHOPS CLOSE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 18 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 18 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 18 BISHOPS CLOSE?

18 BISHOPS CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 18 on BISHOPS CLOSE.