THE HEATHERS, POLGOOTH, ST AUSTELL, PL26 7AZ - £233,000

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.

THE HEATHERS is a midsized extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £295,724. It was last sold for £233,000 in February 2020, which was around 32% below the average February 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was C.

THE HEATHERS Sold Prices

Land registry data shows two sales for THE HEATHERS 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 THE HEATHERS 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 27 FEB	£233,000	£344,493	32% below HPI
1998 27 MAR	£66,950	£87,852	24% below HPI

THE HEATHERS 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 THE HEATHERS sales from March 1998 and February 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 March 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might THE HEATHERS be worth now?

THE HEATHERS might now be worth an estimated £295,724.

This is based on house price inflation of 26.9%, between February 2020 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 26.9% inflationary increase is applied to the most recent sale price for THE HEATHERS of £233,000 on 27th February 2020. For the value to have increased from £233,000 to £295,724 over the five years to February 2025, the following assumptions must hold true:

• The value of THE HEATHERS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2020 sale price of £233,000 represented a fair market value for the property.
• The size, condition, and specification of THE HEATHERS has not materially changed since February 2020.

How Large is THE HEATHERS?

THE HEATHERS is 106m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 50% of detached houses houses in Polgooth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Polgooth, and where THE HEATHERS lies on this distribution: 52% of detached houses houses are smaller than THE HEATHERS, and 48% of houses are larger. Note that EPC data is not available for all properties in Polgooth.

THE HEATHERS: Plot and Title Map

THE HEATHERS sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of THE HEATHERS, 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 THE HEATHERS). 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 THE HEATHERS?

THE HEATHERS is located in POLGOOTH, in the PL26 postcode district. The below map shows the position of THE HEATHERS in POLGOOTH.