9, MADISON CLOSE, HAYLE, TR27 4BZ - £180,000

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.

9 MADISON CLOSE is a very small terraced house of 75m², built sometime between 2007 and 2011, which could now be worth an estimated £265,565. It was last sold for £180,000 in July 2014, which was around 15% above the average July 2014 terraced price in the Cornwall local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

9 MADISON CLOSE Sold Prices

Land registry data shows two sales for 9 MADISON 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 9 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
2014 10 JUL	£180,000	£156,301	15% above HPI
2009 11 DEC	£153,000	£150,950	1% above HPI

9 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 two 9 MADISON CLOSE sales from December 2009 and July 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 December 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2014 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 9 MADISON CLOSE be worth now?

9 MADISON CLOSE might now be worth an estimated £265,565.

This is based on house price inflation of 47.5%, between July 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 47.5% inflationary increase is applied to the most recent sale price for 9 MADISON CLOSE of £180,000 on 10th July 2014. For the value to have increased from £180,000 to £265,565 over the twelve years and two months to May 2026, the following assumptions must hold true:

• The value of 9 MADISON CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The July 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MADISON CLOSE has not materially changed since July 2014.

How Large is 9 MADISON CLOSE?

9 MADISON CLOSE is 75m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% 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 9 MADISON CLOSE lies on this distribution: 20% of terraced houses houses are smaller than 9 MADISON CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Hayle.

9 MADISON CLOSE: Plot and Title Map

9 MADISON CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 9 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 9 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 9 MADISON CLOSE?

9 MADISON CLOSE is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 9 on MADISON CLOSE.