29, BISHOPS CLOSE, SALTASH, PL12 6HP - £63,200

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.

29 BISHOPS CLOSE is a very small terraced house of 54m², built sometime between 2003 and 2006, which could now be worth an estimated £83,541. It was last sold for £63,200 in September 2017, which was around 64% below the average September 2017 terraced price in the Cornwall local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

29 BISHOPS CLOSE Sold Prices

Land registry data shows two sales for 29 BISHOPS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 29 BISHOPS 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
2017 29 SEP	£63,200	£174,453	64% below HPI
2006 16 MAR	£135,000	£146,378	8% below HPI

29 BISHOPS 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 29 BISHOPS CLOSE sales from March 2006 and September 2017 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 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2017 sale, where it falls to 64% below the HPI. The line then continues to track at 64% below the HPI.

What might 29 BISHOPS CLOSE be worth now?

29 BISHOPS CLOSE might now be worth an estimated £83,541.

This is based on house price inflation of 32.2%, between September 2017 and May 2026, for terraced 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 32.2% inflationary increase is applied to the most recent sale price for 29 BISHOPS CLOSE of £63,200 on 29th September 2017. For the value to have increased from £63,200 to £83,541 over the nine years and four months to May 2026, the following assumptions must hold true:

• The value of 29 BISHOPS CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The September 2017 sale price of £63,200 represented a fair market value for the property.
• The size, condition, and specification of 29 BISHOPS CLOSE has not materially changed since September 2017.

How Large is 29 BISHOPS CLOSE?

29 BISHOPS CLOSE is 54m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of terraced houses in Saltash, based on EPC data. The below chart shows the distribution of terraced houses by size in Saltash, and where 29 BISHOPS CLOSE lies on this distribution: 6% of terraced houses are smaller than 29 BISHOPS CLOSE, and 93% of terraced houses are larger. Note that EPC data is not available for all properties in Saltash.

29 BISHOPS CLOSE: Plot

29 BISHOPS CLOSE sits on a plot of roughly 30.0 acres, or 121,310m².

Where is 29 BISHOPS CLOSE?

29 BISHOPS CLOSE is located in SALTASH, in the PL12 postcode district. The below map shows the position of No. 29 on BISHOPS CLOSE.