1, MENHINICK CLOSE, LANDRAKE, SALTASH, PL12 5DJ - £177,000

1 MENHINICK CLOSE is a very small extended detached house of 87m², built sometime between 1976 and 1982. It was last sold for £177,000 in May 2014, which was around 37% below the average May 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was A.

1 MENHINICK CLOSE Sold Prices

Land registry data shows three sales for 1 MENHINICK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 1 MENHINICK CLOSE 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
2014 30 MAY	£177,000	£279,254	37% below HPI
2004 30 JUL	£149,000	£248,122	40% below HPI
1999 3 DEC	£64,950	£103,327	37% below HPI

1 MENHINICK CLOSE 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 three 1 MENHINICK CLOSE sales between December 1999 and May 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 July 2004 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2014 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 MENHINICK CLOSE?

1 MENHINICK CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Landrake, based on EPC data. The below chart shows the distribution of detached houses by size in Landrake, and where 1 MENHINICK CLOSE lies on this distribution: 12% of detached houses are smaller than 1 MENHINICK CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Landrake.

1 MENHINICK CLOSE: Plot and Title Map

1 MENHINICK CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 1 MENHINICK 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 1 MENHINICK 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 1 MENHINICK CLOSE?

1 MENHINICK CLOSE is located in LANDRAKE, in the PL12 postcode district. The below map shows the position of No. 1 on MENHINICK CLOSE.