6, SPRINGFIELD CLOSE, PHILLACK, HAYLE, TR27 5AH - £351,000

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.

6 SPRINGFIELD CLOSE is a very small semi-detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £356,170. It was last sold for £351,000 in February 2022, which was around 28% above the average February 2022 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

6 SPRINGFIELD CLOSE Sold Prices

Land registry data shows two sales for 6 SPRINGFIELD 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 6 SPRINGFIELD 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 9 FEB	£351,000	£274,744	28% above HPI
1999 12 JUL	£67,500	£60,555	11% above HPI

6 SPRINGFIELD 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 6 SPRINGFIELD CLOSE sales from July 1999 and February 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 July 1999 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2022 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 6 SPRINGFIELD CLOSE be worth now?

6 SPRINGFIELD CLOSE might now be worth an estimated £356,170.

This is based on house price inflation of 1.5%, between February 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 1.5% inflationary increase is applied to the most recent sale price for 6 SPRINGFIELD CLOSE of £351,000 on 9th February 2022. For the value to have increased from £351,000 to £356,170 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 6 SPRINGFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The February 2022 sale price of £351,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SPRINGFIELD CLOSE has not materially changed since February 2022.

How Large is 6 SPRINGFIELD CLOSE?

6 SPRINGFIELD CLOSE is 65m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of semi-detached houses houses in Hayle, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hayle, and where 6 SPRINGFIELD CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 6 SPRINGFIELD CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Hayle.

6 SPRINGFIELD CLOSE: Plot and Title Map

6 SPRINGFIELD CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 6 SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD CLOSE?

6 SPRINGFIELD CLOSE is located in PHILLACK, in the TR27 postcode district. The below map shows the position of No. 6 on SPRINGFIELD CLOSE.