40, MELLANEAR ROAD, HAYLE, TR27 4QT - £262,500

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

40 MELLANEAR ROAD is a midsized detached house of 109m², built sometime between 1967 and 1975. It was last sold for £262,500 in October 2010, which was around 8% below the average October 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

40 MELLANEAR ROAD Sold Prices

Land registry data shows three sales for 40 MELLANEAR ROAD 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 40 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
2010 1 OCT	£262,500	£285,587	8% below HPI
1999 6 AUG	£94,000	£98,105	4% below HPI
1998 5 JUN	£60,000	£88,388	32% below HPI

40 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 three 40 MELLANEAR ROAD sales between June 1998 and October 2010 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 August 1999 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2010 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 40 MELLANEAR ROAD?

40 MELLANEAR ROAD is 109m² according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of detached houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses by size in Hayle, and where 40 MELLANEAR ROAD lies on this distribution: 58% of detached houses are smaller than 40 MELLANEAR ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Hayle.

40 MELLANEAR ROAD: Plot and Title Map

40 MELLANEAR ROAD sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 40 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 40 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 40 MELLANEAR ROAD?

40 MELLANEAR ROAD is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 40 on MELLANEAR ROAD.