GLENLEA, GROVE HILL, MAWNAN SMITH, FALMOUTH, TR11 5ET - £415,176

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

GLENLEA is a very small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £415,176 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 February 2010, where the current energy rating was F, and the potential energy rating was E.

GLENLEA Sold Prices

Land registry data shows four sales for GLENLEA 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 GLENLEA 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 25 JAN	£415,176	£417,690	1% below HPI
2015 12 AUG	£287,000	£298,951	4% below HPI
2011 22 FEB	£247,500	£277,951	11% below HPI
2002 22 MAR	£140,000	£149,311	6% below HPI

GLENLEA 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 GLENLEA sales between March 2002 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 August 2015 sale was for 4% below the HPI. So the extrapolation line tracks at 4% 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.

How Large is GLENLEA?

GLENLEA is 81m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses in Mawnan Smith, based on EPC data. The below chart shows the distribution of detached houses by size in Mawnan Smith, and where GLENLEA lies on this distribution: 13% of detached houses are smaller than GLENLEA, and 87% of houses are larger. Note that EPC data is not available for all properties in Mawnan Smith.

GLENLEA: Plot and Title Map

GLENLEA sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of GLENLEA, 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 GLENLEA). 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 GLENLEA?

GLENLEA is located on GROVE HILL in MAWNAN SMITH, in the TR11 postcode district. The below map shows the position of GLENLEA on GROVE HILL.