9, BISHOPS CLOSE, TRURO, TR1 3RR - £169,500

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

9 BISHOPS CLOSE is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £169,500 in January 2023, which was around 62% below the average January 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

9 BISHOPS CLOSE Sold Prices

Land registry data shows four sales for 9 BISHOPS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. two of the four 9 BISHOPS CLOSE sales were for below the average price, and four 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
2023 16 JAN	£169,500	£449,782	62% below HPI
2015 3 JUL	£265,000	£297,102	11% below HPI
1997 27 JUN	£97,500	£79,490	23% above HPI
1995 17 MAY	£81,000	£70,746	14% above HPI

9 BISHOPS 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 four 9 BISHOPS CLOSE sales between May 1995 and January 2023 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 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2023 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

How Large is 9 BISHOPS CLOSE?

9 BISHOPS CLOSE is 85m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 9 BISHOPS CLOSE lies on this distribution: 17% of detached houses are smaller than 9 BISHOPS CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Truro.

9 BISHOPS CLOSE: Plot and Title Map

9 BISHOPS CLOSE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 9 BISHOPS 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 9 BISHOPS 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 9 BISHOPS CLOSE?

9 BISHOPS CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 9 on BISHOPS CLOSE.