38, RALEIGH CLOSE, PADSTOW, PL28 8BQ - £250,000

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

38 RALEIGH CLOSE is a very small extended detached house of 58m², built sometime between 1976 and 1982. It was last sold for £250,000 in October 2015, which was around 18% below the average October 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

38 RALEIGH CLOSE Sold Prices

Land registry data shows four sales for 38 RALEIGH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The four 38 RALEIGH CLOSE sales were a mix of below the average price, and roughly equal to 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
2015 30 OCT	£250,000	£305,354	18% below HPI
2004 15 OCT	£249,950	£255,372	2% below HPI
2001 4 MAY	£102,000	£126,825	20% below HPI
1998 6 APR	£86,000	£86,256	Close to HPI

38 RALEIGH 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 four 38 RALEIGH CLOSE sales between April 1998 and October 2015 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 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 38 RALEIGH CLOSE?

38 RALEIGH CLOSE is 58m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Padstow, based on EPC data. The below chart shows the distribution of detached houses by size in Padstow, and where 38 RALEIGH CLOSE lies on this distribution: 1% of detached houses are smaller than 38 RALEIGH CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Padstow.

38 RALEIGH CLOSE: Plot and Title Map

38 RALEIGH CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 38 RALEIGH 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 38 RALEIGH 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 38 RALEIGH CLOSE?

38 RALEIGH CLOSE is located in PADSTOW, in the PL28 postcode district. The below map shows the position of No. 38 on RALEIGH CLOSE.