23, VALLEY CLOSE, TRURO, TR1 3UN - £240,500

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.

23 VALLEY CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £349,050. It was last sold for £240,500 in October 2014, which was around 19% below the average October 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

23 VALLEY CLOSE Sold Prices

Land registry data shows three sales for 23 VALLEY 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 23 VALLEY 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 24 OCT	£240,500	£295,316	19% below HPI
2004 31 MAR	£195,000	£234,856	17% below HPI
2002 5 JUN	£135,000	£161,276	16% below HPI

23 VALLEY 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 23 VALLEY CLOSE sales between June 2002 and October 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 March 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 23 VALLEY CLOSE be worth now?

23 VALLEY CLOSE might now be worth an estimated £349,050.

This is based on house price inflation of 45.1%, between October 2014 and May 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 45.1% inflationary increase is applied to the most recent sale price for 23 VALLEY CLOSE of £240,500 on 24th October 2014. For the value to have increased from £240,500 to £349,050 over the twelve years and five months to May 2026, the following assumptions must hold true:

• The value of 23 VALLEY CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2014 sale price of £240,500 represented a fair market value for the property.
• The size, condition, and specification of 23 VALLEY CLOSE has not materially changed since October 2014.

How Large is 23 VALLEY CLOSE?

23 VALLEY CLOSE is 86m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 20% 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 23 VALLEY CLOSE lies on this distribution: 18% of detached houses houses are smaller than 23 VALLEY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Truro.

23 VALLEY CLOSE: Plot and Title Map

23 VALLEY CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 23 VALLEY 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 23 VALLEY 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 23 VALLEY CLOSE?

23 VALLEY CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 23 on VALLEY CLOSE.