3, NORTHEY CLOSE, SHORTLANESEND, TRURO, TR4 9DA - £169,000

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.

3 NORTHEY CLOSE is a very small semi-detached house of 48m², built sometime between 1967 and 1975, which could now be worth an estimated £220,748. It was last sold for £169,000 in January 2019, which was around 23% below the average January 2019 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

3 NORTHEY CLOSE Sold Prices

Land registry data shows two sales for 3 NORTHEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 3 NORTHEY 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 4 JAN	£169,000	£220,677	23% below HPI
2014 17 OCT	£157,500	£192,068	18% below HPI

3 NORTHEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 3 NORTHEY CLOSE sales from October 2014 and January 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 October 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2019 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 NORTHEY CLOSE be worth now?

3 NORTHEY CLOSE might now be worth an estimated £220,748.

This is based on house price inflation of 30.6%, between January 2019 and February 2025, for semi-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 30.6% inflationary increase is applied to the most recent sale price for 3 NORTHEY CLOSE of £169,000 on 4th January 2019. For the value to have increased from £169,000 to £220,748 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 NORTHEY CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The January 2019 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NORTHEY CLOSE has not materially changed since January 2019.

How Large is 3 NORTHEY CLOSE?

3 NORTHEY CLOSE is 48m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of semi-detached houses houses in Shortlanesend, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shortlanesend, and where 3 NORTHEY CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 3 NORTHEY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Shortlanesend.

3 NORTHEY CLOSE: Plot and Title Map

3 NORTHEY CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 3 NORTHEY 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 3 NORTHEY 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 3 NORTHEY CLOSE?

3 NORTHEY CLOSE is located in SHORTLANESEND, in the TR4 postcode district. The below map shows the position of No. 3 on NORTHEY CLOSE.