4, RIVIERA CLOSE, MULLION, HELSTON, TR12 7AW - £350,000

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.

4 RIVIERA CLOSE is a large extended detached house of 127m², built sometime between 2003 and 2006, which could now be worth an estimated £396,862. It was last sold for £350,000 in December 2020, which was around 9% below the average December 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

4 RIVIERA CLOSE Sold Prices

Land registry data shows two sales for 4 RIVIERA CLOSE 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 4 RIVIERA CLOSE 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
2020 1 DEC	£350,000	£385,602	9% below HPI
2013 23 MAY	£265,000	£273,052	3% below HPI

4 RIVIERA CLOSE 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 4 RIVIERA CLOSE sales from May 2013 and December 2020 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 May 2013 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 4 RIVIERA CLOSE be worth now?

4 RIVIERA CLOSE might now be worth an estimated £396,862.

This is based on house price inflation of 13.4%, between December 2020 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 13.4% inflationary increase is applied to the most recent sale price for 4 RIVIERA CLOSE of £350,000 on 1st December 2020. For the value to have increased from £350,000 to £396,862 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 RIVIERA CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 4 RIVIERA CLOSE has not materially changed since December 2020.

How Large is 4 RIVIERA CLOSE?

4 RIVIERA CLOSE is 127m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses houses in Mullion, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mullion, and where 4 RIVIERA CLOSE lies on this distribution: 69% of detached houses houses are smaller than 4 RIVIERA CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Mullion.

4 RIVIERA CLOSE: Plot and Title Map

4 RIVIERA CLOSE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 4 RIVIERA CLOSE, 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 4 RIVIERA CLOSE). 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 4 RIVIERA CLOSE?

4 RIVIERA CLOSE is located in MULLION, in the TR12 postcode district. The below map shows the position of No. 4 on RIVIERA CLOSE.