3, MATTHEWS WAY, MENHENIOT, LISKEARD, PL14 3ST - £295,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 MATTHEWS WAY is a midsized detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £383,447. It was last sold for £295,000 in October 2018, which was around 14% below the average October 2018 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.

3 MATTHEWS WAY Sold Prices

Land registry data shows two sales for 3 MATTHEWS WAY 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. Both of the two 3 MATTHEWS WAY 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
2018 10 OCT	£295,000	£341,588	14% below HPI
2016 30 JUN	£270,000	£299,819	10% below HPI

3 MATTHEWS WAY 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 3 MATTHEWS WAY sales from June 2016 and October 2018 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 June 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 MATTHEWS WAY be worth now?

3 MATTHEWS WAY might now be worth an estimated £383,447.

This is based on house price inflation of 30%, between October 2018 and December 2024, 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 30% inflationary increase is applied to the most recent sale price for 3 MATTHEWS WAY of £295,000 on 10th October 2018. For the value to have increased from £295,000 to £383,447 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 MATTHEWS WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MATTHEWS WAY has not materially changed since October 2018.

How Large is 3 MATTHEWS WAY?

3 MATTHEWS WAY is 95m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% of detached houses houses in Menheniot, based on EPC data. The below chart shows the distribution of detached houses houses by size in Menheniot, and where 3 MATTHEWS WAY lies on this distribution: 45% of detached houses houses are smaller than 3 MATTHEWS WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Menheniot.

3 MATTHEWS WAY: Plot and Title Map

3 MATTHEWS WAY sits on a plot of roughly 0.269 of an acre, or 1,088m². The below map shows the location of 3 MATTHEWS WAY, 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 MATTHEWS WAY). 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 MATTHEWS WAY?

3 MATTHEWS WAY is located in MENHENIOT, in the PL14 postcode district. The below map shows the position of No. 3 on MATTHEWS WAY.