12, WOOD CLOSE, LATCHBROOK, SALTASH, PL12 4TS - £170,000

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.

12 WOOD CLOSE is a very small terraced house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £247,742. It was last sold for £170,000 in February 2015, which was around 7% above the average February 2015 terraced price in the Cornwall local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

12 WOOD CLOSE Sold Prices

Land registry data shows four sales for 12 WOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the four 12 WOOD 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 16 FEB	£170,000	£158,237	7% above HPI
2003 23 MAY	£124,000	£104,342	19% above HPI
2000 17 MAY	£72,500	£54,660	33% above HPI
1998 30 JAN	£62,000	£43,355	43% above HPI

12 WOOD 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 four 12 WOOD CLOSE sales between January 1998 and February 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 May 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 12 WOOD CLOSE be worth now?

12 WOOD CLOSE might now be worth an estimated £247,742.

This is based on house price inflation of 45.7%, between February 2015 and May 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 45.7% inflationary increase is applied to the most recent sale price for 12 WOOD CLOSE of £170,000 on 16th February 2015. For the value to have increased from £170,000 to £247,742 over the ten years and nine months to May 2026, the following assumptions must hold true:

• The value of 12 WOOD CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The February 2015 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WOOD CLOSE has not materially changed since February 2015.

How Large is 12 WOOD CLOSE?

12 WOOD CLOSE is 75m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of terraced houses houses in Saltash, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Saltash, and where 12 WOOD CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 12 WOOD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Saltash.

12 WOOD CLOSE: Plot and Title Map

12 WOOD CLOSE sits on a plot of roughly 10.9 acres, or 44,113m². The below map shows the location of 12 WOOD 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 12 WOOD 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 12 WOOD CLOSE?

12 WOOD CLOSE is located in LATCHBROOK, in the PL12 postcode district. The below map shows the position of No. 12 on WOOD CLOSE.