4, PROSPECT CLOSE, HAYLE, TR27 4NP - £265,000

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

4 PROSPECT CLOSE is a very small detached house of 71m², built sometime between 1996 and 2002. It was last sold for £265,000 in April 2021, which was around 30% below the average April 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

4 PROSPECT CLOSE Sold Prices

Land registry data shows four sales for 4 PROSPECT 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. All of the four 4 PROSPECT 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
2021 1 APR	£265,000	£376,698	30% below HPI
2020 17 JUL	£200,000	£346,306	42% below HPI
2014 20 AUG	£185,000	£283,301	35% below HPI
2001 19 OCT	£95,000	£139,774	32% below HPI

4 PROSPECT 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 4 PROSPECT CLOSE sales between October 2001 and April 2021 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 July 2020 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the April 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 4 PROSPECT CLOSE?

4 PROSPECT CLOSE is 71m² according to the EPC inspection conducted in November 2011. 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 4 PROSPECT CLOSE lies on this distribution: 17% of detached houses are smaller than 4 PROSPECT CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hayle.

4 PROSPECT CLOSE: Plot and Title Map

4 PROSPECT CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 4 PROSPECT 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 4 PROSPECT 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 4 PROSPECT CLOSE?

4 PROSPECT CLOSE is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 4 on PROSPECT CLOSE.