2, BISHOPS CLOSE, SALTASH, PL12 6HP - £150,000

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.

2 BISHOPS CLOSE is a very small semi-detached house of 56m², built sometime between 1996 and 2002, which could now be worth an estimated £224,267. It was last sold for £150,000 in November 2014, which was around 22% below the average November 2014 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

2 BISHOPS CLOSE Sold Prices

Land registry data shows three sales for 2 BISHOPS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the three 2 BISHOPS 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
2014 13 NOV	£150,000	£192,794	22% below HPI
2007 10 SEP	£151,000	£201,547	25% below HPI
2005 2 SEP	£135,000	£174,996	23% below HPI

2 BISHOPS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 2 BISHOPS CLOSE sales between September 2005 and November 2014 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 September 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2014 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 BISHOPS CLOSE be worth now?

2 BISHOPS CLOSE might now be worth an estimated £224,267.

This is based on house price inflation of 49.5%, between November 2014 and February 2025, for semi-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 49.5% inflationary increase is applied to the most recent sale price for 2 BISHOPS CLOSE of £150,000 on 13th November 2014. For the value to have increased from £150,000 to £224,267 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 BISHOPS CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The November 2014 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BISHOPS CLOSE has not materially changed since November 2014.

How Large is 2 BISHOPS CLOSE?

2 BISHOPS CLOSE is 56m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of semi-detached houses houses in Saltash, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Saltash, and where 2 BISHOPS CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 2 BISHOPS CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Saltash.

2 BISHOPS CLOSE: Plot and Title Map

2 BISHOPS CLOSE sits on a plot of roughly 30.0 acres, or 121,310m². The below map shows the location of 2 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 2 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 2 BISHOPS CLOSE?

2 BISHOPS CLOSE is located in SALTASH, in the PL12 postcode district. The below map shows the position of No. 2 on BISHOPS CLOSE.