24, WILLOW CLOSE, QUINTRELL DOWNS, NEWQUAY, TR8 4NG - £230,000

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.

24 WILLOW CLOSE is a very small semi-detached house of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £220,222. It was last sold for £230,000 in August 2022, which was around 21% below the average August 2022 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

24 WILLOW CLOSE Sold Prices

Land registry data shows two sales for 24 WILLOW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 24 WILLOW 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 31 AUG	£230,000	£291,170	21% below HPI
2004 1 APR	£139,000	£152,942	9% below HPI

24 WILLOW CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 24 WILLOW CLOSE sales from April 2004 and August 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 April 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 24 WILLOW CLOSE be worth now?

24 WILLOW CLOSE might now be worth an estimated £220,222.

This is based on house price deflation of 4.3%, between August 2022 and April 2026, for semi-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 4.3% deflationary decrease is applied to the most recent sale price for 24 WILLOW CLOSE of £230,000 on 31st August 2022. For the value to have decreased from £230,000 to £220,222 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 24 WILLOW CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The August 2022 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 24 WILLOW CLOSE has not materially changed since August 2022.

How Large is 24 WILLOW CLOSE?

24 WILLOW CLOSE is 52m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of semi-detached houses houses in Quintrell Downs, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Quintrell Downs, and where 24 WILLOW CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 24 WILLOW CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Quintrell Downs.

24 WILLOW CLOSE: Plot and Title Map

24 WILLOW CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 24 WILLOW 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 24 WILLOW 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 24 WILLOW CLOSE?

24 WILLOW CLOSE is located in QUINTRELL DOWNS, in the TR8 postcode district. The below map shows the position of No. 24 on WILLOW CLOSE.