63, MADISON CLOSE, HAYLE, TR27 4BZ - £299,950

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.

63 MADISON CLOSE is a midsized terraced house of 92m², built sometime between 2007 and 2011, which could now be worth an estimated £290,770. It was last sold for £299,950 in July 2023, which was around 26% above the average July 2023 terraced price in the Cornwall local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was A.

63 MADISON CLOSE Sold Prices

Land registry data shows four sales for 63 MADISON 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 63 MADISON 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
2023 5 JUL	£299,950	£237,880	26% above HPI
2022 11 MAR	£268,000	£228,261	17% above HPI
2011 4 NOV	£199,000	£149,564	33% above HPI
2010 29 JAN	£189,995	£150,336	26% above HPI

63 MADISON 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 63 MADISON CLOSE sales between January 2010 and July 2023 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 March 2022 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2023 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 63 MADISON CLOSE be worth now?

63 MADISON CLOSE might now be worth an estimated £290,770.

This is based on house price deflation of 3.1%, between July 2023 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 3.1% deflationary decrease is applied to the most recent sale price for 63 MADISON CLOSE of £299,950 on 5th July 2023. For the value to have decreased from £299,950 to £290,770 over the three years and two months to May 2026, the following assumptions must hold true:

• The value of 63 MADISON CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The July 2023 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 63 MADISON CLOSE has not materially changed since July 2023.

How Large is 63 MADISON CLOSE?

63 MADISON CLOSE is 92m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of terraced houses houses in Hayle, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hayle, and where 63 MADISON CLOSE lies on this distribution: 43% of terraced houses houses are smaller than 63 MADISON CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Hayle.

63 MADISON CLOSE: Plot and Title Map

63 MADISON CLOSE sits on a plot of roughly 0.024 of an acre, or 97m². The below map shows the location of 63 MADISON 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 63 MADISON 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 63 MADISON CLOSE?

63 MADISON CLOSE is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 63 on MADISON CLOSE.