40, POLYEAR CLOSE, POLGOOTH, ST AUSTELL, PL26 7BH - £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.

40 POLYEAR CLOSE is a midsized extended detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £376,121. It was last sold for £310,000 in September 2020, which was around 14% below the average September 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was C.

40 POLYEAR CLOSE Sold Prices

Land registry data shows two sales for 40 POLYEAR CLOSE 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 40 POLYEAR 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
2020 22 SEP	£310,000	£360,367	14% below HPI
1997 23 DEC	£66,000	£87,333	24% below HPI

40 POLYEAR 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 two 40 POLYEAR CLOSE sales from December 1997 and September 2020 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 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 40 POLYEAR CLOSE be worth now?

40 POLYEAR CLOSE might now be worth an estimated £376,121.

This is based on house price inflation of 21.3%, between September 2020 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 21.3% inflationary increase is applied to the most recent sale price for 40 POLYEAR CLOSE of £310,000 on 22nd September 2020. For the value to have increased from £310,000 to £376,121 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 40 POLYEAR CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 40 POLYEAR CLOSE has not materially changed since September 2020.

How Large is 40 POLYEAR CLOSE?

40 POLYEAR CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in May 2020. This puts it in the largest 50% 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 40 POLYEAR CLOSE lies on this distribution: 58% of detached houses houses are smaller than 40 POLYEAR CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Polgooth.

40 POLYEAR CLOSE: Plot and Title Map

40 POLYEAR CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 40 POLYEAR 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 40 POLYEAR 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 40 POLYEAR CLOSE?

40 POLYEAR CLOSE is located in POLGOOTH, in the PL26 postcode district. The below map shows the position of No. 40 on POLYEAR CLOSE.