55, MELLANEAR CLOSE, HAYLE, TR27 4QU - £220,000

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

55 MELLANEAR CLOSE is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £220,000 in August 2014, which was around 22% below the average August 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

55 MELLANEAR CLOSE Sold Prices

Land registry data shows five sales for 55 MELLANEAR CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five 55 MELLANEAR 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
2014 20 AUG	£220,000	£283,301	22% below HPI
2008 20 MAR	£230,000	£291,226	21% below HPI
2005 5 DEC	£224,000	£260,577	14% below HPI
2002 4 APR	£125,000	£150,782	17% below HPI
1996 11 OCT	£52,000	£75,369	31% below HPI

55 MELLANEAR 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 five 55 MELLANEAR CLOSE sales between October 1996 and August 2014 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 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 55 MELLANEAR CLOSE?

55 MELLANEAR CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Hayle, based on EPC data. The below chart shows the distribution of detached houses by size in Hayle, and where 55 MELLANEAR CLOSE lies on this distribution: 11% of detached houses are smaller than 55 MELLANEAR CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Hayle.

55 MELLANEAR CLOSE: Plot and Title Map

55 MELLANEAR CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 55 MELLANEAR 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 55 MELLANEAR 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 55 MELLANEAR CLOSE?

55 MELLANEAR CLOSE is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 55 on MELLANEAR CLOSE.