1, THE CLOSE, TRURO, TR1 1LY - £440,000

1 THE CLOSE is a very large extended detached house of 172m², built sometime between 1950 and 1966. It was last sold for £440,000 in September 2021, which was around 16% above the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

1 THE CLOSE Sold Prices

Land registry data shows four sales for 1 THE 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. Most of the four 1 THE 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
2021 29 SEP	£440,000	£380,638	16% above HPI
2010 29 JAN	£285,000	£266,515	7% above HPI
2003 15 APR	£225,000	£201,318	12% above HPI
1995 17 MAR	£65,000	£70,069	7% below HPI

1 THE 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 1 THE CLOSE sales between March 1995 and September 2021 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 2010 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 1 THE CLOSE?

1 THE CLOSE is 172m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 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 1 THE CLOSE lies on this distribution: 85% of detached houses are smaller than 1 THE CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Truro.

1 THE CLOSE: Plot and Title Map

1 THE CLOSE sits on a plot of roughly 80.5 acres, or 325,657m². The below map shows the location of 1 THE 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 1 THE 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 1 THE CLOSE?

1 THE CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 1 on THE CLOSE.