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
16 LOWER WELL PARK is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £285,000 in November 2005, which was around 9% above the average November 2005 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 16 LOWER WELL PARK since 1st 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 16 LOWER WELL PARK sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2005 14 NOV | £285,000 | £261,758 | 9% above HPI |
2001 28 FEB | £103,000 | £119,290 | 14% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 16 LOWER WELL PARK sales from February 2001 and November 2005 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 February 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2005 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
16 LOWER WELL PARK is 101m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Mevagissey, based on EPC data. The below chart shows the distribution of detached houses by size in Mevagissey, and where 16 LOWER WELL PARK lies on this distribution: 27% of detached houses are smaller than 16 LOWER WELL PARK, and 72% of houses are larger. Note that EPC data is not available for all properties in Mevagissey.
16 LOWER WELL PARK sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 16 LOWER WELL PARK, 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 16 LOWER WELL PARK). 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.
16 LOWER WELL PARK is located in MEVAGISSEY, in the PL26 postcode district. The below map shows the position of No. 16 on LOWER WELL PARK.