3, PARC MERYS, PORTSCATHO, TRURO, TR2 5UU - £740,000

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 PARC MERYS is a small extended detached house of 95m², built sometime between 1996 and 2002. It was last sold for £740,000 in May 2022, which was around 71% above the average May 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

3 PARC MERYS Sold Prices

Land registry data shows two sales for 3 PARC MERYS 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 PARC MERYS sales were for above 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
2022 18 MAY	£740,000	£432,329	71% above HPI
2003 30 SEP	£305,000	£218,085	40% above HPI

3 PARC MERYS 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 PARC MERYS sales from September 2003 and May 2022 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 September 2003 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2022 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 3 PARC MERYS?

3 PARC MERYS is 95m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses in Portscatho, based on EPC data. The below chart shows the distribution of detached houses by size in Portscatho, and where 3 PARC MERYS lies on this distribution: 23% of detached houses are smaller than 3 PARC MERYS, and 77% of houses are larger. Note that EPC data is not available for all properties in Portscatho.

3 PARC MERYS: Plot and Title Map

3 PARC MERYS sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 3 PARC MERYS, 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 PARC MERYS). 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 PARC MERYS?

3 PARC MERYS is located in PORTSCATHO, in the TR2 postcode district. The below map shows the position of No. 3 on PARC MERYS.