4, FARLEY CLOSE, TRURO, TR1 2GD - £390,000

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.

4 FARLEY CLOSE is a large detached house of 155m², built sometime from 2007 onwards, which could now be worth an estimated £646,370. It was last sold for £390,000 in February 2009, which was around 53% above the average February 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

4 FARLEY CLOSE Sold Prices

Land registry data shows two sales for 4 FARLEY 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. Both of the two 4 FARLEY 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
2009 18 FEB	£390,000	£255,404	53% above HPI
2005 14 MAR	£287,500	£257,165	12% above HPI

4 FARLEY 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 4 FARLEY CLOSE sales from March 2005 and February 2009 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 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2009 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 4 FARLEY CLOSE be worth now?

4 FARLEY CLOSE might now be worth an estimated £646,370.

This is based on house price inflation of 65.7%, between February 2009 and April 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 65.7% inflationary increase is applied to the most recent sale price for 4 FARLEY CLOSE of £390,000 on 18th February 2009. For the value to have increased from £390,000 to £646,370 over the sixteen years and ten months to April 2026, the following assumptions must hold true:

• The value of 4 FARLEY CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2009 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FARLEY CLOSE has not materially changed since February 2009.

How Large is 4 FARLEY CLOSE?

4 FARLEY CLOSE is 155m² according to the EPC inspection conducted in October 2008. This puts it in the largest 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 4 FARLEY CLOSE lies on this distribution: 77% of detached houses houses are smaller than 4 FARLEY CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Truro.

4 FARLEY CLOSE: Plot and Title Map

4 FARLEY CLOSE sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 4 FARLEY 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 4 FARLEY 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 4 FARLEY CLOSE?

4 FARLEY CLOSE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 4 on FARLEY CLOSE.