6, ELERKEY CLOSE, VERYAN, TRURO, TR2 5QS - £315,000

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.

6 ELERKEY CLOSE is a midsized extended semi-detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £422,472. It was last sold for £315,000 in May 2018, which was around 47% above the average May 2018 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was A.

6 ELERKEY CLOSE Sold Prices

Land registry data shows two sales for 6 ELERKEY 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 6 ELERKEY 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
2018 22 MAY	£315,000	£214,922	47% above HPI
1998 23 JAN	£81,000	£54,380	49% above HPI

6 ELERKEY 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 6 ELERKEY CLOSE sales from January 1998 and May 2018 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 1998 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2018 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 6 ELERKEY CLOSE be worth now?

6 ELERKEY CLOSE might now be worth an estimated £422,472.

This is based on house price inflation of 34.1%, between May 2018 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 34.1% inflationary increase is applied to the most recent sale price for 6 ELERKEY CLOSE of £315,000 on 22nd May 2018. For the value to have increased from £315,000 to £422,472 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 6 ELERKEY CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The May 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ELERKEY CLOSE has not materially changed since May 2018.

How Large is 6 ELERKEY CLOSE?

6 ELERKEY CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of semi-detached houses houses in Veryan, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Veryan, and where 6 ELERKEY CLOSE lies on this distribution: 56% of semi-detached houses houses are smaller than 6 ELERKEY CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Veryan.

6 ELERKEY CLOSE: Plot and Title Map

6 ELERKEY CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 6 ELERKEY 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 6 ELERKEY 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 6 ELERKEY CLOSE?

6 ELERKEY CLOSE is located in VERYAN, in the TR2 postcode district. The below map shows the position of No. 6 on ELERKEY CLOSE.