6, FAIRMEAD CLOSE, HATT, SALTASH, PL12 6SB - £162,500

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.

6 FAIRMEAD CLOSE is a very small terraced house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £233,367. It was last sold for £162,500 in September 2014, which was around 1% above the average September 2014 terraced price in the Cornwall local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

6 FAIRMEAD CLOSE Sold Prices

Land registry data shows two sales for 6 FAIRMEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. Both of the two 6 FAIRMEAD 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 4 SEP	£162,500	£160,573	1% above HPI
1998 15 MAY	£54,950	£44,457	24% above HPI

6 FAIRMEAD 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 two 6 FAIRMEAD CLOSE sales from May 1998 and September 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 May 1998 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 6 FAIRMEAD CLOSE be worth now?

6 FAIRMEAD CLOSE might now be worth an estimated £233,367.

This is based on house price inflation of 43.6%, between September 2014 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 43.6% inflationary increase is applied to the most recent sale price for 6 FAIRMEAD CLOSE of £162,500 on 4th September 2014. For the value to have increased from £162,500 to £233,367 over the twelve years and four months to May 2026, the following assumptions must hold true:

• The value of 6 FAIRMEAD CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The September 2014 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 6 FAIRMEAD CLOSE has not materially changed since September 2014.

How Large is 6 FAIRMEAD CLOSE?

6 FAIRMEAD CLOSE is 77m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of terraced houses houses in Hatt, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hatt, and where 6 FAIRMEAD CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 6 FAIRMEAD CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hatt.

6 FAIRMEAD CLOSE: Plot and Title Map

6 FAIRMEAD CLOSE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 6 FAIRMEAD 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 6 FAIRMEAD 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 6 FAIRMEAD CLOSE?

6 FAIRMEAD CLOSE is located in HATT, in the PL12 postcode district. The below map shows the position of No. 6 on FAIRMEAD CLOSE.