31, CLIFF STREET, MEVAGISSEY, ST AUSTELL, PL26 6QJ - £225,000

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

31 CLIFF STREET is a very small extended detached house of 84m², built sometime before 1900. It was last sold for £225,000 in May 2021, which was around 40% below the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was B.

31 CLIFF STREET Sold Prices

Land registry data shows three sales for 31 CLIFF STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 31 CLIFF STREET 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
2021 21 MAY	£225,000	£375,609	40% below HPI
2004 25 MAR	£162,500	£231,214	30% below HPI
1998 25 MAR	£26,500	£86,489	69% below HPI

31 CLIFF STREET 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 three 31 CLIFF STREET sales between March 1998 and May 2021 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 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 31 CLIFF STREET?

31 CLIFF STREET is 84m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Mevagissey, based on EPC data. The below chart shows the distribution of detached houses by size in Mevagissey, and where 31 CLIFF STREET lies on this distribution: 12% of detached houses are smaller than 31 CLIFF STREET, and 87% of houses are larger. Note that EPC data is not available for all properties in Mevagissey.

31 CLIFF STREET: Plot and Title Map

31 CLIFF STREET sits on a plot of roughly 0.018 of an acre, or 74m². The below map shows the location of 31 CLIFF STREET, 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 31 CLIFF STREET). 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 31 CLIFF STREET?

31 CLIFF STREET is located in MEVAGISSEY, in the PL26 postcode district. The below map shows the position of No. 31 on CLIFF STREET.