1, FAIRMEAD MEWS, LOWER BURRATON, SALTASH, PL12 4JR - £145,000

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.

1 FAIRMEAD MEWS is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £235,840. It was last sold for £145,000 in June 2011, which was around 46% below the average June 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

1 FAIRMEAD MEWS Sold Prices

Land registry data shows three sales for 1 FAIRMEAD MEWS 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 FAIRMEAD MEWS 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
2011 20 JUN	£145,000	£268,820	46% below HPI
2003 26 NOV	£66,000	£227,264	71% below HPI
1995 24 NOV	£54,000	£72,366	25% below HPI

1 FAIRMEAD MEWS 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 FAIRMEAD MEWS sales between November 1995 and June 2011 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 November 2003 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the June 2011 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 1 FAIRMEAD MEWS be worth now?

1 FAIRMEAD MEWS might now be worth an estimated £235,840.

This is based on house price inflation of 62.6%, between June 2011 and February 2025, 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 62.6% inflationary increase is applied to the most recent sale price for 1 FAIRMEAD MEWS of £145,000 on 20th June 2011. For the value to have increased from £145,000 to £235,840 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 1 FAIRMEAD MEWS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2011 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FAIRMEAD MEWS has not materially changed since June 2011.

How Large is 1 FAIRMEAD MEWS?

1 FAIRMEAD MEWS is 70m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saltash, and where 1 FAIRMEAD MEWS lies on this distribution: 7% of detached houses houses are smaller than 1 FAIRMEAD MEWS, and 93% of houses are larger. Note that EPC data is not available for all properties in Saltash.

1 FAIRMEAD MEWS: Plot and Title Map

1 FAIRMEAD MEWS sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 1 FAIRMEAD MEWS, 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 FAIRMEAD MEWS). 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 FAIRMEAD MEWS?

1 FAIRMEAD MEWS is located in LOWER BURRATON, in the PL12 postcode district. The below map shows the position of No. 1 on FAIRMEAD MEWS.