11, JUBILEE CLOSE, CUBERT, NEWQUAY, TR8 5SL - £255,000

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.

11 JUBILEE CLOSE is a small extended terraced house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £350,705. It was last sold for £255,000 in October 2015, which was around 53% above the average October 2015 terraced price in the Cornwall local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

11 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 11 JUBILEE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 11 JUBILEE 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
2015 30 OCT	£255,000	£166,554	53% above HPI
2004 20 AUG	£152,950	£136,344	12% above HPI

11 JUBILEE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The two 11 JUBILEE CLOSE sales from August 2004 and October 2015 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 August 2004 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2015 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 11 JUBILEE CLOSE be worth now?

11 JUBILEE CLOSE might now be worth an estimated £350,705.

This is based on house price inflation of 37.5%, between October 2015 and April 2026, for terraced 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 37.5% inflationary increase is applied to the most recent sale price for 11 JUBILEE CLOSE of £255,000 on 30th October 2015. For the value to have increased from £255,000 to £350,705 over the eleven years and six months to April 2026, the following assumptions must hold true:

• The value of 11 JUBILEE CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The October 2015 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 11 JUBILEE CLOSE has not materially changed since October 2015.

How Large is 11 JUBILEE CLOSE?

11 JUBILEE CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of terraced houses houses in Cubert, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cubert, and where 11 JUBILEE CLOSE lies on this distribution: 21% of terraced houses houses are smaller than 11 JUBILEE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Cubert.

11 JUBILEE CLOSE: Plot and Title Map

11 JUBILEE CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 11 JUBILEE 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 11 JUBILEE 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 11 JUBILEE CLOSE?

11 JUBILEE CLOSE is located in CUBERT, in the TR8 postcode district. The below map shows the position of No. 11 on JUBILEE CLOSE.