24, WOOD CLOSE, LATCHBROOK, SALTASH, PL12 4TS - £172,500

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 WOOD CLOSE is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £210,835. It was last sold for £172,500 in January 2020, which was around 6% below the average January 2020 terraced price in the Cornwall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

24 WOOD CLOSE Sold Prices

Land registry data shows three sales for 24 WOOD 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. Two of the three 24 WOOD CLOSE sales were for below the average price, whilst one was 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
2020 31 JAN	£172,500	£183,731	6% below HPI
2016 29 JUN	£160,000	£162,057	1% below HPI
1997 27 JUN	£48,500	£40,545	20% above HPI

24 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 three 24 WOOD CLOSE sales between June 1997 and January 2020 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 June 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2020 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 24 WOOD CLOSE be worth now?

24 WOOD CLOSE might now be worth an estimated £210,835.

This is based on house price inflation of 22.2%, between January 2020 and June 2025, 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 22.2% inflationary increase is applied to the most recent sale price for 24 WOOD CLOSE of £172,500 on 31st January 2020. For the value to have increased from £172,500 to £210,835 over the four years and seven months to June 2025, the following assumptions must hold true:

• The value of 24 WOOD CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The January 2020 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 24 WOOD CLOSE has not materially changed since January 2020.

How Large is 24 WOOD CLOSE?

24 WOOD CLOSE is 55m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% 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 24 WOOD CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 24 WOOD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Saltash.

24 WOOD CLOSE: Plot and Title Map

24 WOOD CLOSE sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 24 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 24 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 24 WOOD CLOSE?

24 WOOD CLOSE is located in LATCHBROOK, in the PL12 postcode district. The below map shows the position of No. 24 on WOOD CLOSE.