7, SAFFRON CLOSE, FOWEY, PL23 1EU - £645,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 SAFFRON CLOSE is a very large extended detached house of 228m², built sometime between 1967 and 1975. It was last sold for £645,000 in April 2017, which was around 104% above the average April 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

7 SAFFRON CLOSE Sold Prices

Land registry data shows three sales for 7 SAFFRON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 7 SAFFRON CLOSE sales were 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
2017 19 APR	£645,000	£316,339	104% above HPI
2005 5 AUG	£432,500	£263,688	64% above HPI
2004 22 DEC	£367,500	£263,099	40% above HPI

7 SAFFRON 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 three 7 SAFFRON CLOSE sales between December 2004 and April 2017 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 August 2005 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the April 2017 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

What might 7 SAFFRON CLOSE be worth now?

7 SAFFRON CLOSE might now be worth an estimated £905,301.

This is based on house price inflation of 40.4%, between April 2017 and December 2024, 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 40.4% inflationary increase is applied to the most recent sale price for 7 SAFFRON CLOSE of £645,000 on 19th April 2017. For the value to have increased from £645,000 to £905,301 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 7 SAFFRON CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2017 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SAFFRON CLOSE has not materially changed since April 2017.

How Large is 7 SAFFRON CLOSE?

7 SAFFRON CLOSE is 228m², which includes four extensions, according to the EPC inspection conducted in March 2012. This puts it in the largest 10% of detached houses houses in Fowey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fowey, and where 7 SAFFRON CLOSE lies on this distribution: 93% of detached houses houses are smaller than 7 SAFFRON CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Fowey.

7 SAFFRON CLOSE: Plot and Title Map

7 SAFFRON CLOSE sits on a plot of roughly 0.380 of an acre, or 1,539m². The below map shows the location of 7 SAFFRON 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 7 SAFFRON 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 7 SAFFRON CLOSE?

7 SAFFRON CLOSE is located in FOWEY, in the PL23 postcode district. The below map shows the position of No. 7 on SAFFRON CLOSE.