5, WILLOW CLOSE, MYLOR BRIDGE, FALMOUTH, TR11 5SG - £505,000

5 WILLOW CLOSE is a small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £505,000 in July 2022, which was around 15% above the average July 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2017, where the current energy rating was F, and the potential energy rating was C.

5 WILLOW CLOSE Sold Prices

Land registry data shows four sales for 5 WILLOW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four 5 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
2022 29 JUL	£505,000	£439,388	15% above HPI
2021 6 MAY	£430,000	£375,609	14% above HPI
2018 29 JAN	£345,000	£326,927	6% above HPI
2015 16 SEP	£232,000	£303,080	23% below HPI

5 WILLOW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 5 WILLOW CLOSE sales between September 2015 and July 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 May 2021 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 5 WILLOW CLOSE?

5 WILLOW CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses in Mylor Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Mylor Bridge, and where 5 WILLOW CLOSE lies on this distribution: 20% of detached houses are smaller than 5 WILLOW CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Mylor Bridge.

5 WILLOW CLOSE: Plot and Title Map

5 WILLOW CLOSE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 5 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 5 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 5 WILLOW CLOSE?

5 WILLOW CLOSE is located in MYLOR BRIDGE, in the TR11 postcode district. The below map shows the position of No. 5 on WILLOW CLOSE.