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
65 MELLANEAR CLOSE is a midsized extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £65,000 in October 1998, which was around 29% below the average October 1998 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 65 MELLANEAR CLOSE since 1st 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 65 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 |
---|---|---|---|
1998 2 OCT | £65,000 | £91,148 | 29% below HPI |
1997 17 JAN | £58,000 | £76,629 | 24% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 65 MELLANEAR CLOSE sales from January 1997 and October 1998 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 January 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 1998 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
65 MELLANEAR CLOSE is 105m², which includes two extensions, according to the EPC inspection conducted in May 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 65 MELLANEAR CLOSE lies on this distribution: 55% of detached houses are smaller than 65 MELLANEAR CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Hayle.
65 MELLANEAR CLOSE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 65 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 65 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.
65 MELLANEAR CLOSE is located in HAYLE, in the TR27 postcode district. The below map shows the position of No. 65 on MELLANEAR CLOSE.