5, MARTINS CLOSE, LISKEARD, PL14 3SZ - £173,500

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.

5 MARTINS CLOSE is a very small detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £167,998. It was last sold for £173,500 in October 2023, which was around 62% below the average October 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

5 MARTINS CLOSE Sold Prices

Land registry data shows four sales for 5 MARTINS 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 5 MARTINS 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
2023 13 OCT	£173,500	£451,551	62% below HPI
2018 29 MAR	£135,000	£333,621	60% below HPI
2003 27 OCT	£105,000	£224,257	53% below HPI
2002 12 APR	£72,000	£153,157	53% below HPI

5 MARTINS 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 5 MARTINS CLOSE sales between April 2002 and October 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 March 2018 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the October 2023 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

What might 5 MARTINS CLOSE be worth now?

5 MARTINS CLOSE might now be worth an estimated £167,998.

This is based on house price deflation of 3.2%, between October 2023 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 3.2% deflationary decrease is applied to the most recent sale price for 5 MARTINS CLOSE of £173,500 on 13th October 2023. For the value to have decreased from £173,500 to £167,998 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 MARTINS CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2023 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MARTINS CLOSE has not materially changed since October 2023.

How Large is 5 MARTINS CLOSE?

5 MARTINS CLOSE is 55m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses houses in Liskeard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Liskeard, and where 5 MARTINS CLOSE lies on this distribution: 1% of detached houses houses are smaller than 5 MARTINS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Liskeard.

5 MARTINS CLOSE: Plot and Title Map

5 MARTINS CLOSE sits on a plot of roughly 17.1 acres, or 69,082m². The below map shows the location of 5 MARTINS 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 5 MARTINS 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 5 MARTINS CLOSE?

5 MARTINS CLOSE is located in LISKEARD, in the PL14 postcode district. The below map shows the position of No. 5 on MARTINS CLOSE.