Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 POUNDFIELD CLOSE is a large extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £397,500 in March 2019, which was around 19% above the average March 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 POUNDFIELD 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 1 POUNDFIELD CLOSE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2019 29 MAR | £397,500 | £335,212 | 19% above HPI |
2015 21 MAY | £275,000 | £295,858 | 7% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 1 POUNDFIELD CLOSE sales from May 2015 and March 2019 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 May 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2019 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.
1 POUNDFIELD CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses in Stratton, based on EPC data. The below chart shows the distribution of detached houses by size in Stratton, and where 1 POUNDFIELD CLOSE lies on this distribution: 70% of detached houses are smaller than 1 POUNDFIELD CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Stratton.
1 POUNDFIELD CLOSE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 1 POUNDFIELD 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 1 POUNDFIELD 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.
1 POUNDFIELD CLOSE is located in STRATTON, in the EX23 postcode district. The below map shows the position of No. 1 on POUNDFIELD CLOSE.