3, VALLEY CLOSE, TRURO, TR1 3UN - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 VALLEY CLOSE is a very small detached house of 85m², built sometime between 1983 and 1990, which could now be worth an estimated £253,928. It was last sold for £220,000 in February 2021, which was around 43% below the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

3 VALLEY CLOSE Sold Prices

Land registry data shows two sales for 3 VALLEY 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 3 VALLEY 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
2021 17 FEB	£220,000	£384,678	43% below HPI
1997 1 SEP	£69,950	£85,175	18% below HPI

3 VALLEY 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 3 VALLEY CLOSE sales from September 1997 and February 2021 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 September 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 3 VALLEY CLOSE be worth now?

3 VALLEY CLOSE might now be worth an estimated £253,928.

This is based on house price inflation of 15.4%, between February 2021 and December 2024, 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 15.4% inflationary increase is applied to the most recent sale price for 3 VALLEY CLOSE of £220,000 on 17th February 2021. For the value to have increased from £220,000 to £253,928 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 3 VALLEY CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 3 VALLEY CLOSE has not materially changed since February 2021.

How Large is 3 VALLEY CLOSE?

3 VALLEY CLOSE is 85m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where 3 VALLEY CLOSE lies on this distribution: 17% of detached houses houses are smaller than 3 VALLEY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Truro.

3 VALLEY CLOSE: Plot and Title Map

3 VALLEY CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 3 VALLEY 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 VALLEY 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 VALLEY CLOSE?

3 VALLEY CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 3 on VALLEY CLOSE.