CELTS REST, LOWER CHURCH STREET, HAYLE, TR27 4LP - £405,000

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.

CELTS REST is a large extended detached house of 121m², built sometime between 1967 and 1975, which could now be worth an estimated £414,514. It was last sold for £405,000 in February 2022, which was around 5% below the average February 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

CELTS REST Sold Prices

Land registry data shows two sales for CELTS REST 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 CELTS REST 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
2022 25 FEB	£405,000	£427,196	5% below HPI
2018 26 MAR	£280,000	£333,621	16% below HPI

CELTS REST 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 CELTS REST sales from March 2018 and February 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 March 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might CELTS REST be worth now?

CELTS REST might now be worth an estimated £414,514.

This is based on house price inflation of 2.3%, between February 2022 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 2.3% inflationary increase is applied to the most recent sale price for CELTS REST of £405,000 on 25th February 2022. For the value to have increased from £405,000 to £414,514 over the three years to February 2025, the following assumptions must hold true:

• The value of CELTS REST has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2022 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of CELTS REST has not materially changed since February 2022.

How Large is CELTS REST?

CELTS REST is 121m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of detached houses houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hayle, and where CELTS REST lies on this distribution: 73% of detached houses houses are smaller than CELTS REST, and 26% of houses are larger. Note that EPC data is not available for all properties in Hayle.

CELTS REST: Plot and Title Map

CELTS REST sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of CELTS REST, 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 CELTS REST). 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 CELTS REST?

CELTS REST is located on LOWER CHURCH STREET in HAYLE, in the TR27 postcode district. The below map shows the position of CELTS REST on LOWER CHURCH STREET.