22, BURY CLOSE, WARBSTOW, LAUNCESTON, PL15 8UZ - £227,500

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.

22 BURY CLOSE is a very large detached house of 162m², built sometime between 2003 and 2006, which could now be worth an estimated £329,190. It was last sold for £227,500 in July 2016, which was around 25% below the average July 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

22 BURY CLOSE Sold Prices

Land registry data shows four sales for 22 BURY 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 22 BURY 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
2016 6 JUL	£227,500	£302,166	25% below HPI
2007 9 JAN	£241,000	£286,962	16% below HPI
2005 3 JUN	£237,000	£262,718	10% below HPI
2004 14 MAY	£96,500	£239,404	60% below HPI

22 BURY 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 22 BURY CLOSE sales between May 2004 and July 2016 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 22 BURY CLOSE be worth now?

22 BURY CLOSE might now be worth an estimated £329,190.

This is based on house price inflation of 44.7%, between July 2016 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 44.7% inflationary increase is applied to the most recent sale price for 22 BURY CLOSE of £227,500 on 6th July 2016. For the value to have increased from £227,500 to £329,190 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 22 BURY CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2016 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 22 BURY CLOSE has not materially changed since July 2016.

How Large is 22 BURY CLOSE?

22 BURY CLOSE is 162m² according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses houses in Warbstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warbstow, and where 22 BURY CLOSE lies on this distribution: 92% of detached houses houses are smaller than 22 BURY CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Warbstow.

22 BURY CLOSE: Plot and Title Map

22 BURY CLOSE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 22 BURY 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 22 BURY 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 22 BURY CLOSE?

22 BURY CLOSE is located in WARBSTOW, in the PL15 postcode district. The below map shows the position of No. 22 on BURY CLOSE.