3, FAIRMEAD MEWS, LOWER BURRATON, SALTASH, PL12 4JR - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 FAIRMEAD MEWS is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £175,000 in February 2017, which was around 43% below the average February 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

3 FAIRMEAD MEWS Sold Prices

Land registry data shows four sales for 3 FAIRMEAD MEWS 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 3 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
2017 24 FEB	£175,000	£308,028	43% below HPI
2016 11 MAR	£175,000	£307,330	43% below HPI
2004 18 JUN	£146,500	£240,998	39% below HPI
2001 9 MAR	£75,950	£121,560	38% below HPI

3 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 four 3 FAIRMEAD MEWS sales between March 2001 and February 2017 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 March 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2017 sale, which was also at 43% below the HPI.

How Large is 3 FAIRMEAD MEWS?

3 FAIRMEAD MEWS is 70m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses in Saltash, based on EPC data. The below chart shows the distribution of detached houses by size in Saltash, and where 3 FAIRMEAD MEWS lies on this distribution: 6% of detached houses are smaller than 3 FAIRMEAD MEWS, and 93% of houses are larger. Note that EPC data is not available for all properties in Saltash.

3 FAIRMEAD MEWS: Plot and Title Map

3 FAIRMEAD MEWS sits on a plot of roughly 11.2 acres, or 45,346m². The below map shows the location of 3 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 3 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 3 FAIRMEAD MEWS?

3 FAIRMEAD MEWS is located in LOWER BURRATON, in the PL12 postcode district. The below map shows the position of No. 3 on FAIRMEAD MEWS.