40, WILLOW CLOSE, QUINTRELL DOWNS, NEWQUAY, TR8 4NG - £205,000

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.

40 WILLOW CLOSE is a midsized extended terraced house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £301,737. It was last sold for £205,000 in April 2014, which was around 32% above the average April 2014 terraced price in the Cornwall local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

40 WILLOW CLOSE Sold Prices

Land registry data shows four sales for 40 WILLOW 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 40 WILLOW 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
2014 30 APR	£205,000	£155,626	32% above HPI
2010 25 JUN	£195,000	£156,246	25% above HPI
2005 8 MAR	£158,500	£139,816	13% above HPI
1996 13 FEB	£51,000	£36,454	40% above HPI

40 WILLOW 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 40 WILLOW CLOSE sales between February 1996 and April 2014 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 2010 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the April 2014 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 40 WILLOW CLOSE be worth now?

40 WILLOW CLOSE might now be worth an estimated £301,737.

This is based on house price inflation of 47.2%, between April 2014 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 47.2% inflationary increase is applied to the most recent sale price for 40 WILLOW CLOSE of £205,000 on 30th April 2014. For the value to have increased from £205,000 to £301,737 over the twelve years to April 2026, the following assumptions must hold true:

• The value of 40 WILLOW CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The April 2014 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 40 WILLOW CLOSE has not materially changed since April 2014.

How Large is 40 WILLOW CLOSE?

40 WILLOW CLOSE is 122m², which includes two extensions, according to the EPC inspection conducted in January 2010. This puts it in the largest 50% of terraced houses houses in Quintrell Downs, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Quintrell Downs, and where 40 WILLOW CLOSE lies on this distribution: 54% of terraced houses houses are smaller than 40 WILLOW CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Quintrell Downs.

40 WILLOW CLOSE: Plot and Title Map

40 WILLOW CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 40 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 40 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 40 WILLOW CLOSE?

40 WILLOW CLOSE is located in QUINTRELL DOWNS, in the TR8 postcode district. The below map shows the position of No. 40 on WILLOW CLOSE.