GREENLANDS, POLGOOTH, ST AUSTELL, PL26 7BX - £320,000

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.

GREENLANDS is a very small extended detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £315,930. It was last sold for £320,000 in April 2024, which was around 25% below the average April 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

GREENLANDS Sold Prices

Land registry data shows four sales for GREENLANDS 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. All of the four GREENLANDS sales were for below 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
2024 18 APR	£320,000	£428,749	25% below HPI
2018 26 APR	£262,000	£329,029	20% below HPI
2004 24 SEP	£166,000	£261,089	36% below HPI
2002 25 OCT	£140,000	£183,410	24% below HPI

GREENLANDS 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 GREENLANDS sales between October 2002 and April 2024 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 April 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might GREENLANDS be worth now?

GREENLANDS might now be worth an estimated £315,930.

This is based on house price deflation of 1.3%, between April 2024 and April 2026, for 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 1.3% deflationary decrease is applied to the most recent sale price for GREENLANDS of £320,000 on 18th April 2024. For the value to have decreased from £320,000 to £315,930 over the two years to April 2026, the following assumptions must hold true:

• The value of GREENLANDS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The April 2024 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of GREENLANDS has not materially changed since April 2024.

How Large is GREENLANDS?

GREENLANDS is 79m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses houses in Polgooth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Polgooth, and where GREENLANDS lies on this distribution: 17% of detached houses houses are smaller than GREENLANDS, and 82% of houses are larger. Note that EPC data is not available for all properties in Polgooth.

GREENLANDS: Plot and Title Map

GREENLANDS sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of GREENLANDS, 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 GREENLANDS). 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 GREENLANDS?

GREENLANDS is located in POLGOOTH, in the PL26 postcode district. The below map shows the position of GREENLANDS in POLGOOTH.