16, PARK VIEW CLOSE, CARNON DOWNS, TRURO, TR3 6JL - £227,000

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.

16 PARK VIEW CLOSE is a very small extended detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £349,707. It was last sold for £227,000 in April 2011, which was around 17% below the average April 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2010, where the current energy rating was F, and the potential energy rating was D.

16 PARK VIEW CLOSE Sold Prices

Land registry data shows three sales for 16 PARK VIEW 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 16 PARK VIEW 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
2011 4 APR	£227,000	£274,768	17% below HPI
2009 24 APR	£170,000	£256,424	34% below HPI
1998 19 AUG	£77,950	£91,669	15% below HPI

16 PARK VIEW 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 16 PARK VIEW CLOSE sales between August 1998 and April 2011 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 April 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2011 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 16 PARK VIEW CLOSE be worth now?

16 PARK VIEW CLOSE might now be worth an estimated £349,707.

This is based on house price inflation of 54.1%, between April 2011 and April 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 54.1% inflationary increase is applied to the most recent sale price for 16 PARK VIEW CLOSE of £227,000 on 4th April 2011. For the value to have increased from £227,000 to £349,707 over the fifteen years to April 2026, the following assumptions must hold true:

• The value of 16 PARK VIEW CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2011 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PARK VIEW CLOSE has not materially changed since April 2011.

How Large is 16 PARK VIEW CLOSE?

16 PARK VIEW CLOSE is 69m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses houses in Carnon Downs, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carnon Downs, and where 16 PARK VIEW CLOSE lies on this distribution: 4% of detached houses houses are smaller than 16 PARK VIEW CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Carnon Downs.

16 PARK VIEW CLOSE: Plot and Title Map

16 PARK VIEW CLOSE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 16 PARK VIEW 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 16 PARK VIEW 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 16 PARK VIEW CLOSE?

16 PARK VIEW CLOSE is located in CARNON DOWNS, in the TR3 postcode district. The below map shows the position of No. 16 on PARK VIEW CLOSE.