Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 HIGHER LAVORRICK is a small detached house of 98m², built sometime between 1950 and 1966. It was last sold for £415,000 in January 2022, which was around 1% below the average January 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 8 HIGHER LAVORRICK since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 8 HIGHER LAVORRICK 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 |
---|---|---|---|
2022 14 JAN | £415,000 | £417,690 | 1% below HPI |
2015 31 JUL | £239,000 | £297,102 | 20% below HPI |
2013 24 MAY | £209,000 | £268,817 | 22% below HPI |
2004 1 MAR | £200,000 | £231,214 | 14% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 8 HIGHER LAVORRICK sales between March 2004 and January 2022 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 July 2015 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
8 HIGHER LAVORRICK is 98m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses in Mevagissey, based on EPC data. The below chart shows the distribution of detached houses by size in Mevagissey, and where 8 HIGHER LAVORRICK lies on this distribution: 24% of detached houses are smaller than 8 HIGHER LAVORRICK, and 75% of houses are larger. Note that EPC data is not available for all properties in Mevagissey.
8 HIGHER LAVORRICK sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of 8 HIGHER LAVORRICK, 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 8 HIGHER LAVORRICK). 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.
8 HIGHER LAVORRICK is located in MEVAGISSEY, in the PL26 postcode district. The below map shows the position of No. 8 on HIGHER LAVORRICK.