5, FARLEY CLOSE, TRURO, TR1 2GD - £400,000

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

5 FARLEY CLOSE is a large extended detached house of 154m², built sometime between 2007 and 2011. It was last sold for £400,000 in November 2020, which was around 6% above the average November 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was C.

5 FARLEY CLOSE Sold Prices

Land registry data shows three sales for 5 FARLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 5 FARLEY CLOSE sales were for above 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
2020 16 NOV	£400,000	£377,366	6% above HPI
2014 13 OCT	£450,000	£295,316	52% above HPI
2008 1 FEB	£437,000	£301,446	45% above HPI

5 FARLEY 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 three 5 FARLEY CLOSE sales between February 2008 and November 2020 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 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the November 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 5 FARLEY CLOSE be worth now?

5 FARLEY CLOSE might now be worth an estimated £470,634.

This is based on house price inflation of 17.7%, between November 2020 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 17.7% inflationary increase is applied to the most recent sale price for 5 FARLEY CLOSE of £400,000 on 16th November 2020. For the value to have increased from £400,000 to £470,634 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 5 FARLEY CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FARLEY CLOSE has not materially changed since November 2020.

How Large is 5 FARLEY CLOSE?

5 FARLEY CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the largest 30% 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 5 FARLEY CLOSE lies on this distribution: 78% of detached houses houses are smaller than 5 FARLEY CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Truro.

5 FARLEY CLOSE: Plot and Title Map

5 FARLEY CLOSE sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of 5 FARLEY 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 5 FARLEY 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 5 FARLEY CLOSE?

5 FARLEY CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 5 on FARLEY CLOSE.