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
48 MEADOW RISE is a very small semi-detached house of 68m², built sometime between 1976 and 1982. It was last sold for £258,000 in November 2021, which was around 36% below the average November 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 48 MEADOW RISE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the six 48 MEADOW RISE 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 3 NOV | £258,000 | £406,282 | 36% below HPI |
2014 27 JUN | £176,000 | £277,730 | 37% below HPI |
2004 27 OCT | £174,000 | £255,372 | 32% below HPI |
2003 31 JAN | £119,950 | £196,316 | 39% below HPI |
2002 19 APR | £89,950 | £150,782 | 40% below HPI |
1995 28 JUL | £46,800 | £70,171 | 33% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The six 48 MEADOW RISE sales between July 1995 and November 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 June 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
48 MEADOW RISE is 68m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in St Columb Major, based on EPC data. The below chart shows the distribution of detached houses by size in St Columb Major, and where 48 MEADOW RISE lies on this distribution: 5% of detached houses are smaller than 48 MEADOW RISE, and 95% of houses are larger. Note that EPC data is not available for all properties in St Columb Major.
48 MEADOW RISE sits on a plot of roughly 0.020 of an acre, or 79m². The below map shows the location of 48 MEADOW RISE, 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 48 MEADOW RISE). 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.
48 MEADOW RISE is located in ST. COLUMB, in the TR9 postcode district. The below map shows the position of No. 48 on MEADOW RISE.