COOLIBAH, POLHORMAN LANE, MULLION, HELSTON, TR12 7JD - £540,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

COOLIBAH is a very large extended detached house of 215m², built sometime between 1950 and 1966, which could now be worth an estimated £637,523. It was last sold for £540,000 in October 2020, which was around 46% above the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was F, and the potential energy rating was B.

COOLIBAH Sold Prices

Land registry data shows two sales for COOLIBAH since 1^st 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 COOLIBAH 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
2020 9 OCT	£540,000	£370,347	46% above HPI
2003 15 AUG	£247,500	£218,237	13% above HPI

COOLIBAH 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 two COOLIBAH sales from August 2003 and October 2020 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the October 2020 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might COOLIBAH be worth now?

COOLIBAH might now be worth an estimated £637,523.

This is based on house price inflation of 18.1%, between October 2020 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.1% inflationary increase is applied to the most recent sale price for COOLIBAH of £540,000 on 9th October 2020. For the value to have increased from £540,000 to £637,523 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of COOLIBAH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2020 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of COOLIBAH has not materially changed since October 2020.

How Large is COOLIBAH?

COOLIBAH is 215m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses houses in Mullion, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mullion, and where COOLIBAH lies on this distribution: 95% of detached houses houses are smaller than COOLIBAH, and 5% of houses are larger. Note that EPC data is not available for all properties in Mullion.

COOLIBAH: Plot and Title Map

COOLIBAH sits on a plot of roughly 0.353 of an acre, or 1,428m². The below map shows the location of COOLIBAH, 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 COOLIBAH). 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 COOLIBAH?

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