3, MELLANEAR ROAD, HAYLE, TR27 4QS - £365,406

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 MELLANEAR ROAD is a small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £365,406 in March 2023, which was around 18% below the average March 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

3 MELLANEAR ROAD Sold Prices

Land registry data shows two sales for 3 MELLANEAR ROAD 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 MELLANEAR ROAD 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
2023 21 MAR	£365,406	£446,796	18% below HPI
2007 9 MAR	£218,000	£284,357	23% below HPI

3 MELLANEAR ROAD 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 MELLANEAR ROAD sales from March 2007 and March 2023 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 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 MELLANEAR ROAD?

3 MELLANEAR ROAD is 78m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses by size in Hayle, and where 3 MELLANEAR ROAD lies on this distribution: 26% of detached houses are smaller than 3 MELLANEAR ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Hayle.

3 MELLANEAR ROAD: Plot and Title Map

3 MELLANEAR ROAD sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 3 MELLANEAR ROAD, 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 MELLANEAR ROAD). 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 MELLANEAR ROAD?

3 MELLANEAR ROAD is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 3 on MELLANEAR ROAD.