15, DRACAENA AVENUE, HAYLE, TR27 4LZ - £335,000

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

15 DRACAENA AVENUE is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £335,000 in September 2023, which was around 25% below the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

15 DRACAENA AVENUE Sold Prices

Land registry data shows two sales for 15 DRACAENA AVENUE 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 15 DRACAENA AVENUE 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 5 SEP	£335,000	£445,313	25% below HPI
2017 11 DEC	£260,000	£323,481	20% below HPI

15 DRACAENA AVENUE 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 15 DRACAENA AVENUE sales from December 2017 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 December 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 15 DRACAENA AVENUE?

15 DRACAENA AVENUE is 68m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses by size in Hayle, and where 15 DRACAENA AVENUE lies on this distribution: 11% of detached houses are smaller than 15 DRACAENA AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Hayle.

15 DRACAENA AVENUE: Plot and Title Map

15 DRACAENA AVENUE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 15 DRACAENA AVENUE, 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 15 DRACAENA AVENUE). 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 15 DRACAENA AVENUE?

15 DRACAENA AVENUE is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 15 on DRACAENA AVENUE.