2, LANGARTH CLOSE, THREEMILESTONE, TRURO, TR3 6SR - £240,000

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 LANGARTH CLOSE is a large detached house of 119m², built sometime between 1976 and 1982, which could now be worth an estimated £350,839. It was last sold for £240,000 in July 2015, which was around 20% below the average July 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

2 LANGARTH CLOSE Sold Prices

Land registry data shows two sales for 2 LANGARTH 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 2 LANGARTH CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2015 9 JUL	£240,000	£301,783	20% below HPI
1997 23 JUL	£82,000	£82,169	Close to HPI

2 LANGARTH 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 two 2 LANGARTH CLOSE sales from July 1997 and July 2015 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 July 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 LANGARTH CLOSE be worth now?

2 LANGARTH CLOSE might now be worth an estimated £350,839.

This is based on house price inflation of 46.2%, between July 2015 and March 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 46.2% inflationary increase is applied to the most recent sale price for 2 LANGARTH CLOSE of £240,000 on 9th July 2015. For the value to have increased from £240,000 to £350,839 over the ten years and four months to March 2025, the following assumptions must hold true:

• The value of 2 LANGARTH CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LANGARTH CLOSE has not materially changed since July 2015.

How Large is 2 LANGARTH CLOSE?

2 LANGARTH CLOSE is 119m² according to the EPC inspection conducted in February 2015. This puts it in the largest 30% of detached houses houses in Threemilestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Threemilestone, and where 2 LANGARTH CLOSE lies on this distribution: 75% of detached houses houses are smaller than 2 LANGARTH CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Threemilestone.

2 LANGARTH CLOSE: Plot and Title Map

2 LANGARTH CLOSE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 2 LANGARTH 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 LANGARTH 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 LANGARTH CLOSE?

2 LANGARTH CLOSE is located in THREEMILESTONE, in the TR3 postcode district. The below map shows the position of No. 2 on LANGARTH CLOSE.