MELBUR, MANOR DRIVE, FRADDON, ST COLUMB, TR9 6GY - £250,000

MELBUR is a very large extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £250,000 in October 2019, which was around 27% below the average October 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was A.

MELBUR Sold Prices

Land registry data shows two sales for MELBUR since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two MELBUR 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
2019 11 OCT	£250,000	£342,324	27% below HPI
2007 22 JAN	£217,000	£282,511	23% below HPI

MELBUR 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 two MELBUR sales from January 2007 and October 2019 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 January 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2019 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is MELBUR?

MELBUR is 113m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Penhale, based on EPC data. The below chart shows the distribution of detached houses by size in Penhale, and where MELBUR lies on this distribution: 86% of detached houses are smaller than MELBUR, and 14% of houses are larger. Note that EPC data is not available for all properties in Penhale.

MELBUR: Plot and Title Map

MELBUR sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of MELBUR, 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 MELBUR). 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 MELBUR?

MELBUR is located on MANOR DRIVE in FRADDON, in the TR9 postcode district. The below map shows the position of MELBUR on MANOR DRIVE.