1, CORNUBIA CLOSE, HAYLE, TR27 4RL - £275,000

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.

1 CORNUBIA CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £254,114. It was last sold for £275,000 in October 2022, which was around 41% below the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

1 CORNUBIA CLOSE Sold Prices

Land registry data shows two sales for 1 CORNUBIA CLOSE 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 1 CORNUBIA 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
2022 11 OCT	£275,000	£463,835	41% below HPI
2019 15 JUL	£160,000	£342,374	53% below HPI

1 CORNUBIA 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 two 1 CORNUBIA CLOSE sales from July 2019 and October 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 July 2019 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2022 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 1 CORNUBIA CLOSE be worth now?

1 CORNUBIA CLOSE might now be worth an estimated £254,114.

This is based on house price deflation of 7.6%, between October 2022 and May 2026, 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 7.6% deflationary decrease is applied to the most recent sale price for 1 CORNUBIA CLOSE of £275,000 on 11th October 2022. For the value to have decreased from £275,000 to £254,114 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 1 CORNUBIA CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CORNUBIA CLOSE has not materially changed since October 2022.

How Large is 1 CORNUBIA CLOSE?

1 CORNUBIA CLOSE is 70m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% 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 1 CORNUBIA CLOSE lies on this distribution: 13% of detached houses houses are smaller than 1 CORNUBIA CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hayle.

1 CORNUBIA CLOSE: Plot and Title Map

1 CORNUBIA CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 1 CORNUBIA 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 1 CORNUBIA 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 1 CORNUBIA CLOSE?

1 CORNUBIA CLOSE is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 1 on CORNUBIA CLOSE.