2, THE MEADOW, POLGOOTH, ST AUSTELL, PL26 7BL - £310,000

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.

2 THE MEADOW is a large detached house of 136m², built sometime between 1996 and 2002, which could now be worth an estimated £393,395. It was last sold for £310,000 in November 2018, which was around 10% below the average November 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

2 THE MEADOW Sold Prices

Land registry data shows two sales for 2 THE MEADOW 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. One of the two 2 THE MEADOW sales was for below the average price, whilst the other was 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
2018 6 NOV	£310,000	£344,543	10% below HPI
2002 18 OCT	£193,500	£183,410	6% above HPI

2 THE MEADOW 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 2 THE MEADOW sales from October 2002 and November 2018 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 October 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 THE MEADOW be worth now?

2 THE MEADOW might now be worth an estimated £393,395.

This is based on house price inflation of 26.9%, between November 2018 and February 2025, 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 26.9% inflationary increase is applied to the most recent sale price for 2 THE MEADOW of £310,000 on 6th November 2018. For the value to have increased from £310,000 to £393,395 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 THE MEADOW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2018 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE MEADOW has not materially changed since November 2018.

How Large is 2 THE MEADOW?

2 THE MEADOW is 136m² according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses houses in Polgooth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Polgooth, and where 2 THE MEADOW lies on this distribution: 70% of detached houses houses are smaller than 2 THE MEADOW, and 30% of houses are larger. Note that EPC data is not available for all properties in Polgooth.

2 THE MEADOW: Plot and Title Map

2 THE MEADOW sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 2 THE MEADOW, 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 2 THE MEADOW). 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 2 THE MEADOW?

2 THE MEADOW is located in POLGOOTH, in the PL26 postcode district. The below map shows the position of No. 2 on THE MEADOW.