18, VELLAN CLOSE, BARRIPPER, CAMBORNE, TR14 0RB - £325,000

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 VELLAN CLOSE is a midsized extended detached house of 77m², built sometime between 1976 and 1982. It was last sold for £325,000 in November 2022, which was around 30% below the average November 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2021, where the current energy rating was E, and the potential energy rating was B.

18 VELLAN CLOSE Sold Prices

Land registry data shows two sales for 18 VELLAN 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 18 VELLAN 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
2022 25 NOV	£325,000	£461,377	30% below HPI
2021 7 JAN	£225,000	£377,341	40% below HPI

18 VELLAN 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 18 VELLAN CLOSE sales from January 2021 and November 2022 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 January 2021 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 18 VELLAN CLOSE?

18 VELLAN CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 50% of detached houses in Barripper, based on EPC data. The below chart shows the distribution of detached houses by size in Barripper, and where 18 VELLAN CLOSE lies on this distribution: 40% of detached houses are smaller than 18 VELLAN CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Barripper.

18 VELLAN CLOSE: Plot and Title Map

18 VELLAN CLOSE sits on a plot of roughly 1,388.8 acres, or 5,620,124m². The below map shows the location of 18 VELLAN 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 VELLAN 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 VELLAN CLOSE?

18 VELLAN CLOSE is located in BARRIPPER, in the TR14 postcode district. The below map shows the position of No. 18 on VELLAN CLOSE.