17, MADISON CLOSE, HAYLE, TR27 4BZ - £290,000

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.

17 MADISON CLOSE is a midsized terraced house of 110m², built sometime between 2007 and 2011, which could now be worth an estimated £317,360. It was last sold for £290,000 in August 2021, which was around 38% above the average August 2021 terraced price in the Cornwall local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

17 MADISON CLOSE Sold Prices

Land registry data shows three sales for 17 MADISON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. All of the three 17 MADISON 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
2021 4 AUG	£290,000	£210,720	38% above HPI
2019 30 OCT	£220,000	£185,086	19% above HPI
2010 28 MAY	£184,995	£157,155	18% above HPI

17 MADISON 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 three 17 MADISON CLOSE sales between May 2010 and August 2021 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 October 2019 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 17 MADISON CLOSE be worth now?

17 MADISON CLOSE might now be worth an estimated £317,360.

This is based on house price inflation of 9.4%, between August 2021 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 9.4% inflationary increase is applied to the most recent sale price for 17 MADISON CLOSE of £290,000 on 4th August 2021. For the value to have increased from £290,000 to £317,360 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 17 MADISON CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The August 2021 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MADISON CLOSE has not materially changed since August 2021.

How Large is 17 MADISON CLOSE?

17 MADISON CLOSE is 110m² according to the EPC inspection conducted in April 2021. This puts it in the largest 40% of terraced houses houses in Hayle, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hayle, and where 17 MADISON CLOSE lies on this distribution: 60% of terraced houses houses are smaller than 17 MADISON CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Hayle.

17 MADISON CLOSE: Plot and Title Map

17 MADISON CLOSE sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 17 MADISON 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 17 MADISON 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 17 MADISON CLOSE?

17 MADISON CLOSE is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 17 on MADISON CLOSE.