1, BISHOPS CLOSE, TRURO, TR1 3RR - £248,000

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.

1 BISHOPS CLOSE is a detached house, which could now be worth an estimated £488,302. It was last sold for £248,000 in July 2003, which was around 14% above the average July 2003 detached price in the Cornwall local authority area.

1 BISHOPS CLOSE Sold Prices

Land registry data shows two sales for 1 BISHOPS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the two 1 BISHOPS CLOSE sales was for above the average price, whilst the other was 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
2003 11 JUL	£248,000	£217,682	14% above HPI
2001 26 OCT	£129,500	£141,977	9% below HPI

What might 1 BISHOPS CLOSE be worth now?

1 BISHOPS CLOSE might now be worth an estimated £488,302.

This is based on house price inflation of 96.9%, between July 2003 and May 2026, 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 96.9% inflationary increase is applied to the most recent sale price for 1 BISHOPS CLOSE of £248,000 on 11th July 2003. For the value to have increased from £248,000 to £488,302 over the 23 years and two months to May 2026, the following assumptions must hold true:

• The value of 1 BISHOPS CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2003 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BISHOPS CLOSE has not materially changed since July 2003.

Where is 1 BISHOPS CLOSE?

1 BISHOPS CLOSE is located in TRURO, in the TR1 postcode district.