3, THE CLOSE, TRURO, TR1 1LY - £292,500

3 THE CLOSE is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £292,500 in June 2016, which was around 1% below the average June 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

3 THE CLOSE Sold Prices

Land registry data shows two sales for 3 THE CLOSE since 1st 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 3 THE CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2016
24 JUN
£292,500£295,169
down arrow
1% below HPI
1995
30 NOV
£72,500£71,243
up arrow
2% above HPI

3 THE 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 3 THE CLOSE sales from November 1995 and June 2016 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 November 1995 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

3, THE CLOSE, TRURO, TR1 1LY: Price paid vs HM Land Registry's House Price Index

How Large is 3 THE CLOSE?

3 THE CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 3 THE CLOSE lies on this distribution: 21% of detached houses are smaller than 3 THE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Truro.

3, THE CLOSE, TRURO, TR1 1LY: Size of property relative to detached houses in Truro

3 THE CLOSE: Plot and Title Map

3 THE CLOSE sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 3 THE 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 3 THE 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.

3, THE CLOSE, TRURO, TR1 1LY: Plot and title map

Where is 3 THE CLOSE?

3 THE CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 3 on THE CLOSE.

3, THE CLOSE, TRURO, TR1 1LY: Location map and indicative extent of plot

All sales of detached houses on THE CLOSE

2021
29 SEP
£440,000
3, THE CLOSE, TRURO, TR1 1LY
2016
24 JUN
£292,500
2010
28 MAY
£274,000
2010
29 JAN
£285,000
2008
8 JAN
£242,000
2003
15 APR
£225,000
4, THE CLOSE, TRURO, TR1 1LY
2002
18 OCT
£80,000
3, THE CLOSE, TRURO, TR1 1LY
1995
30 NOV
£72,500
1995
17 MAR
£65,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.