8, ELERKEY CLOSE, VERYAN, TRURO, TR2 5QS - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 ELERKEY CLOSE is a midsized extended detached house of 89m², built sometime between 1976 and 1982. It was last sold for £290,000 in August 2015, which was around 3% below the average August 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

8 ELERKEY CLOSE Sold Prices

Land registry data shows three sales for 8 ELERKEY 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 8 ELERKEY 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
2015 5 AUG	£290,000	£298,951	3% below HPI
2014 9 JUL	£270,000	£281,141	4% below HPI
2001 9 FEB	£100,000	£119,290	16% below HPI

8 ELERKEY 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 8 ELERKEY CLOSE sales between February 2001 and August 2015 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 July 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2015 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 ELERKEY CLOSE?

8 ELERKEY CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses in Veryan, based on EPC data. The below chart shows the distribution of detached houses by size in Veryan, and where 8 ELERKEY CLOSE lies on this distribution: 52% of detached houses are smaller than 8 ELERKEY CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Veryan.

8 ELERKEY CLOSE: Plot and Title Map

8 ELERKEY CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 8 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 8 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 8 ELERKEY CLOSE?

8 ELERKEY CLOSE is located in VERYAN, in the TR2 postcode district. The below map shows the position of No. 8 on ELERKEY CLOSE.