MAYFIELD, CHYMBLOTH WAY, COVERACK, HELSTON, TR12 6TB - £485,000

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

MAYFIELD is a very small detached house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £609,853. It was last sold for £485,000 in October 2019, which was around 39% above the average October 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was B.

MAYFIELD Sold Prices

Land registry data shows two sales for MAYFIELD 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 MAYFIELD 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
2019 4 OCT	£485,000	£347,718	39% above HPI
2007 11 JAN	£350,000	£286,962	22% above HPI

MAYFIELD 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 MAYFIELD sales from January 2007 and October 2019 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 January 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2019 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might MAYFIELD be worth now?

MAYFIELD might now be worth an estimated £609,853.

This is based on house price inflation of 25.7%, between October 2019 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 25.7% inflationary increase is applied to the most recent sale price for MAYFIELD of £485,000 on 4th October 2019. For the value to have increased from £485,000 to £609,853 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of MAYFIELD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2019 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of MAYFIELD has not materially changed since October 2019.

How Large is MAYFIELD?

MAYFIELD is 73m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of detached houses houses in Coverack, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coverack, and where MAYFIELD lies on this distribution: 10% of detached houses houses are smaller than MAYFIELD, and 90% of houses are larger. Note that EPC data is not available for all properties in Coverack.

MAYFIELD: Plot and Title Map

MAYFIELD sits on a plot of roughly 0.355 of an acre, or 1,438m². The below map shows the location of MAYFIELD, 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 MAYFIELD). 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 MAYFIELD?

MAYFIELD is located on CHYMBLOTH WAY in COVERACK, in the TR12 postcode district. The below map shows the position of MAYFIELD on CHYMBLOTH WAY.