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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MELLANEAR ROAD is a small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £352,037. It was last sold for £365,406 in March 2023, which was around 19% 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	£453,835	19% below HPI
2007 9 MAR	£218,000	£288,836	25% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 MELLANEAR ROAD be worth now?

3 MELLANEAR ROAD might now be worth an estimated £352,037.

This is based on house price deflation of 3.7%, between March 2023 and February 2025, 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 3.7% deflationary decrease is applied to the most recent sale price for 3 MELLANEAR ROAD of £365,406 on 21st March 2023. For the value to have decreased from £365,406 to £352,037 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 3 MELLANEAR ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2023 sale price of £365,406 represented a fair market value for the property.
• The size, condition, and specification of 3 MELLANEAR ROAD has not materially changed since March 2023.

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 houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hayle, and where 3 MELLANEAR ROAD lies on this distribution: 25% of detached houses houses are smaller than 3 MELLANEAR ROAD, and 74% 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.