APPLEWOOD, LENDER LANE, MULLION, HELSTON, TR12 7HW - £400,000

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

APPLEWOOD is a very large extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £400,000 in November 2016, which was around 30% above the average November 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

APPLEWOOD Sold Prices

Land registry data shows four sales for APPLEWOOD since 1^st 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 APPLEWOOD sales were for above 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
2016 14 NOV	£400,000	£307,645	30% above HPI
2002 13 FEB	£155,000	£146,301	6% above HPI
1999 29 OCT	£139,950	£100,316	40% above HPI
1997 1 AUG	£105,000	£83,288	26% above HPI

APPLEWOOD 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 four APPLEWOOD sales between August 1997 and November 2016 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 February 2002 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2016 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is APPLEWOOD?

APPLEWOOD is 159m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of detached houses in Mullion, based on EPC data. The below chart shows the distribution of detached houses by size in Mullion, and where APPLEWOOD lies on this distribution: 86% of detached houses are smaller than APPLEWOOD, and 14% of houses are larger. Note that EPC data is not available for all properties in Mullion.

APPLEWOOD: Plot and Title Map

APPLEWOOD sits on a plot of roughly 0.515 of an acre, or 2,085m². The below map shows the location of APPLEWOOD, 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 APPLEWOOD). 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 APPLEWOOD?

APPLEWOOD is located on LENDER LANE in MULLION, in the TR12 postcode district. The below map shows the position of APPLEWOOD on LENDER LANE.