4B, NORTHEY CLOSE, SHORTLANESEND, TRURO, TR4 9DA - £255,000

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.

4B NORTHEY CLOSE is a very small semi-detached house of 49m², built sometime between 1976 and 1982, which could now be worth an estimated £238,536. It was last sold for £255,000 in September 2023, which was around 13% below the average September 2023 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was A.

4B NORTHEY CLOSE Sold Prices

Land registry data shows four sales for 4B NORTHEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the four 4B NORTHEY 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
2023 13 SEP	£255,000	£293,041	13% below HPI
2017 9 JUN	£165,000	£204,425	19% below HPI
2015 14 AUG	£150,000	£197,466	24% below HPI
2008 18 MAR	£153,000	£195,428	22% below HPI

4B NORTHEY 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 four 4B NORTHEY CLOSE sales between March 2008 and September 2023 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 June 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4B NORTHEY CLOSE be worth now?

4B NORTHEY CLOSE might now be worth an estimated £238,536.

This is based on house price deflation of 6.5%, between September 2023 and June 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 6.5% deflationary decrease is applied to the most recent sale price for 4B NORTHEY CLOSE of £255,000 on 13th September 2023. For the value to have decreased from £255,000 to £238,536 over the two years and three months to June 2025, the following assumptions must hold true:

• The value of 4B NORTHEY CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The September 2023 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 4B NORTHEY CLOSE has not materially changed since September 2023.

How Large is 4B NORTHEY CLOSE?

4B NORTHEY CLOSE is 49m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of semi-detached houses houses in Shortlanesend, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Shortlanesend, and where 4B NORTHEY CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 4B NORTHEY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Shortlanesend.

4B NORTHEY CLOSE: Plot and Title Map

4B NORTHEY CLOSE sits on a plot of roughly 6.3 acres, or 25,664m². The below map shows the location of 4B NORTHEY 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 4B NORTHEY 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 4B NORTHEY CLOSE?

4B NORTHEY CLOSE is located in SHORTLANESEND, in the TR4 postcode district. The below map shows the position of No. 4B on NORTHEY CLOSE.