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
7 SPRINGFIELD CLOSE is a very large extended detached house of 160m², built sometime between 1950 and 1966. It was last sold for £555,555 in December 2022, which was around 22% above the average December 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 7 SPRINGFIELD CLOSE since 1st 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. Most of the four 7 SPRINGFIELD 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 |
---|---|---|---|
2022 1 DEC | £555,555 | £456,326 | 22% above HPI |
2016 6 MAY | £329,950 | £304,401 | 8% above HPI |
2012 29 AUG | £265,000 | £272,110 | 3% below HPI |
1997 9 MAY | £82,500 | £77,551 | 6% above HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 7 SPRINGFIELD CLOSE sales between May 1997 and December 2022 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 May 2016 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.
7 SPRINGFIELD CLOSE is 160m², which includes two extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses in Polgooth, based on EPC data. The below chart shows the distribution of detached houses by size in Polgooth, and where 7 SPRINGFIELD CLOSE lies on this distribution: 82% of detached houses are smaller than 7 SPRINGFIELD CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Polgooth.
7 SPRINGFIELD CLOSE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 7 SPRINGFIELD 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 SPRINGFIELD 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.
7 SPRINGFIELD CLOSE is located in POLGOOTH, in the PL26 postcode district. The below map shows the position of No. 7 on SPRINGFIELD CLOSE.