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
70 MADISON CLOSE is a large detached house of 114m², built sometime from 2007 onwards. It was last sold for £305,000 in August 2020, which was around 13% below the average August 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 70 MADISON CLOSE since 1st 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 70 MADISON 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 14 AUG | £305,000 | £348,820 | 13% below HPI |
2018 31 OCT | £310,500 | £336,290 | 8% below HPI |
2008 12 DEC | £249,995 | £260,474 | 4% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 70 MADISON CLOSE sales between December 2008 and August 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 October 2018 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
70 MADISON CLOSE is 114m² according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of detached houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses by size in Hayle, and where 70 MADISON CLOSE lies on this distribution: 67% of detached houses are smaller than 70 MADISON CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Hayle.
70 MADISON CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 70 MADISON 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 70 MADISON 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.
70 MADISON CLOSE is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 70 on MADISON CLOSE.