9, MORESK CLOSE, TRURO, TR1 1DL - £262,500

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

9 MORESK CLOSE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £262,500 in June 2017, which was around 17% below the average June 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

9 MORESK CLOSE Sold Prices

Land registry data shows three sales for 9 MORESK 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 9 MORESK 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
2017 26 JUN	£262,500	£315,997	17% below HPI
2013 8 AUG	£239,950	£280,611	14% below HPI
2011 25 NOV	£225,000	£276,318	19% below HPI

9 MORESK 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 9 MORESK CLOSE sales between November 2011 and June 2017 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 August 2013 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 9 MORESK CLOSE be worth now?

9 MORESK CLOSE might now be worth an estimated £368,835.

This is based on house price inflation of 40.5%, between June 2017 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 40.5% inflationary increase is applied to the most recent sale price for 9 MORESK CLOSE of £262,500 on 26th June 2017. For the value to have increased from £262,500 to £368,835 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 9 MORESK CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2017 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 9 MORESK CLOSE has not materially changed since June 2017.

How Large is 9 MORESK CLOSE?

9 MORESK CLOSE is 67m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% 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 9 MORESK CLOSE lies on this distribution: 4% of detached houses houses are smaller than 9 MORESK CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Truro.

9 MORESK CLOSE: Plot and Title Map

9 MORESK CLOSE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 9 MORESK 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 MORESK 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 MORESK CLOSE?

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