MERRIVALE FARMHOUSE, GWEEK, HELSTON, TR12 6TX - £242,550

MERRIVALE FARMHOUSE is a very large extended detached house of 170m², built sometime before 1900. It was last sold for £242,550 in October 2013, which was around 13% below the average October 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

MERRIVALE FARMHOUSE Sold Prices

Land registry data shows two sales for MERRIVALE FARMHOUSE 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. One of the two MERRIVALE FARMHOUSE sales was for below the average price, whilst the other was 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
2013 18 OCT	£242,550	£277,618	13% below HPI
2004 30 JAN	£300,000	£226,309	33% above HPI

MERRIVALE FARMHOUSE 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 MERRIVALE FARMHOUSE sales from January 2004 and October 2013 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 2004 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is MERRIVALE FARMHOUSE?

MERRIVALE FARMHOUSE is 170m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 10% of detached houses in Gweek, based on EPC data. The below chart shows the distribution of detached houses by size in Gweek, and where MERRIVALE FARMHOUSE lies on this distribution: 94% of detached houses are smaller than MERRIVALE FARMHOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Gweek.

MERRIVALE FARMHOUSE: Plot and Title Map

MERRIVALE FARMHOUSE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of MERRIVALE FARMHOUSE, 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 MERRIVALE FARMHOUSE). 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 MERRIVALE FARMHOUSE?

MERRIVALE FARMHOUSE is located in GWEEK, in the TR12 postcode district. The below map shows the position of MERRIVALE FARMHOUSE in GWEEK.