8, MITCHELL CLOSE, THE LIZARD, HELSTON, TR12 7RR - £235,000

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

8 MITCHELL CLOSE is a small extended detached house of 96m², built sometime between 1991 and 1995. It was last sold for £235,000 in August 2017, which was around 26% below the average August 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was B.

8 MITCHELL CLOSE Sold Prices

Land registry data shows three sales for 8 MITCHELL CLOSE 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 8 MITCHELL 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
2017 4 AUG	£235,000	£316,709	26% below HPI
2003 11 AUG	£155,000	£214,852	28% below HPI
2001 7 JUN	£85,000	£128,100	34% below HPI

8 MITCHELL 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 three 8 MITCHELL CLOSE sales between June 2001 and August 2017 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 2003 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2017 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 MITCHELL CLOSE?

8 MITCHELL CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Lizard, based on EPC data. The below chart shows the distribution of detached houses by size in Lizard, and where 8 MITCHELL CLOSE lies on this distribution: 26% of detached houses are smaller than 8 MITCHELL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Lizard.

8 MITCHELL CLOSE: Plot and Title Map

8 MITCHELL CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 8 MITCHELL 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 8 MITCHELL 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 8 MITCHELL CLOSE?

8 MITCHELL CLOSE is located in THE LIZARD, in the TR12 postcode district. The below map shows the position of No. 8 on MITCHELL CLOSE.