18, BISHOPS CLOSE, TRURO, TR1 3RR - £395,000

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.

18 BISHOPS CLOSE is a small extended detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £546,544. It was last sold for £395,000 in June 2017, which was around 25% above the average June 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

18 BISHOPS CLOSE Sold Prices

Land registry data shows three sales for 18 BISHOPS 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 18 BISHOPS 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
2017 29 JUN	£395,000	£315,997	25% above HPI
2013 1 AUG	£285,000	£280,611	2% above HPI
2003 15 APR	£248,000	£204,490	21% above HPI

18 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 three 18 BISHOPS CLOSE sales between April 2003 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2017 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 18 BISHOPS CLOSE be worth now?

18 BISHOPS CLOSE might now be worth an estimated £546,544.

This is based on house price inflation of 38.4%, between June 2017 and February 2025, 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 38.4% inflationary increase is applied to the most recent sale price for 18 BISHOPS CLOSE of £395,000 on 29th June 2017. For the value to have increased from £395,000 to £546,544 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 18 BISHOPS CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2017 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BISHOPS CLOSE has not materially changed since June 2017.

How Large is 18 BISHOPS CLOSE?

18 BISHOPS CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% 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 18 BISHOPS CLOSE lies on this distribution: 29% of detached houses houses are smaller than 18 BISHOPS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Truro.

18 BISHOPS CLOSE: Plot and Title Map

18 BISHOPS CLOSE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 18 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 18 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 18 BISHOPS CLOSE?

18 BISHOPS CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 18 on BISHOPS CLOSE.