GREENACRE, POLURRIAN ROAD, MULLION, HELSTON, TR12 7EN - £895,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

GREENACRE is a very large extended detached house of 265m², built sometime between 1930 and 1949. It was last sold for £895,000 in June 2024, which was around 107% above the average June 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2017, where the current energy rating was G, and the potential energy rating was E.

GREENACRE Sold Prices

Land registry data shows two sales for GREENACRE 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 GREENACRE 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
2024 25 JUN	£895,000	£433,069	107% above HPI
1997 20 NOV	£156,000	£86,897	80% above HPI

GREENACRE 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 GREENACRE sales from November 1997 and June 2024 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 November 1997 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the June 2024 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

What might GREENACRE be worth now?

GREENACRE might now be worth an estimated £917,597.

This is based on house price inflation of 2.5%, between June 2024 and December 2024, 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 2.5% inflationary increase is applied to the most recent sale price for GREENACRE of £895,000 on 25th June 2024. For the value to have increased from £895,000 to £917,597 over the six months to December 2024, the following assumptions must hold true:

• The value of GREENACRE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2024 sale price of £895,000 represented a fair market value for the property.
• The size, condition, and specification of GREENACRE has not materially changed since June 2024.

How Large is GREENACRE?

GREENACRE is 265m², which includes two extensions, according to the EPC inspection conducted in June 2017. 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 GREENACRE lies on this distribution: 98% of detached houses houses are smaller than GREENACRE, and 2% of houses are larger. Note that EPC data is not available for all properties in Mullion.

GREENACRE: Plot and Title Map

GREENACRE sits on a plot of roughly 0.502 of an acre, or 2,033m². The below map shows the location of GREENACRE, 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 GREENACRE). 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 GREENACRE?

GREENACRE is located on POLURRIAN ROAD in MULLION, in the TR12 postcode district. The below map shows the position of GREENACRE on POLURRIAN ROAD.