2, THE CLOSE, TRURO, TR1 1LY - £274,000

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

2 THE CLOSE is a small detached house of 98m², built sometime between 1967 and 1975. It was last sold for £274,000 in May 2010, which was around 2% below the average May 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

2 THE CLOSE Sold Prices

Land registry data shows two sales for 2 THE 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 2 THE 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
2010 28 MAY	£274,000	£280,136	2% below HPI
2008 8 JAN	£242,000	£298,696	19% below HPI

2 THE 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 2 THE CLOSE sales from January 2008 and May 2010 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 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2010 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 THE CLOSE?

2 THE CLOSE is 98m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 40% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 2 THE CLOSE lies on this distribution: 31% of detached houses are smaller than 2 THE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Truro.

2 THE CLOSE: Plot and Title Map

2 THE CLOSE sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of 2 THE 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 2 THE 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 2 THE CLOSE?

2 THE CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 2 on THE CLOSE.