14, BANK TERRACE, MEVAGISSEY, ST. AUSTELL, PL26 6QZ - £80,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

14 BANK TERRACE is a very small detached house of 48m², built sometime between 1900 and 1929. It was last sold for £80,500 in December 2001, which was around 43% below the average December 2001 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2024, where the current energy rating was E, and the potential energy rating was B.

14 BANK TERRACE Sold Prices

Land registry data shows four sales for 14 BANK TERRACE 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 14 BANK TERRACE 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
2001 7 DEC	£80,500	£142,349	43% below HPI
2000 6 OCT	£67,950	£122,539	45% below HPI
2000 9 JUN	£45,000	£111,422	60% below HPI
2000 9 MAR	£45,000	£105,185	57% below HPI

14 BANK TERRACE 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 14 BANK TERRACE sales between March 2000 and December 2001 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 October 2000 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2001 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 14 BANK TERRACE?

14 BANK TERRACE is 48m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% of detached houses in Mevagissey, based on EPC data. The below chart shows the distribution of detached houses by size in Mevagissey, and where 14 BANK TERRACE lies on this distribution: Less than 1% of detached houses are smaller than 14 BANK TERRACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Mevagissey.

14 BANK TERRACE: Plot and Title Map

14 BANK TERRACE sits on a plot of roughly 0.015 of an acre, or 61m². The below map shows the location of 14 BANK TERRACE, 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 14 BANK TERRACE). 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 14 BANK TERRACE?

14 BANK TERRACE is located in MEVAGISSEY, in the PL26 postcode district. The below map shows the position of No. 14 on BANK TERRACE.