MENAVEAN, NORTH CORNER, COVERACK, HELSTON, TR12 6TQ - £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

MENAVEAN is a large extended detached house of 152m², built sometime between 1967 and 1975. It was last sold for £400,000 in August 2009, which was around 53% above the average August 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.

MENAVEAN Sold Prices

Land registry data shows two sales for MENAVEAN 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 MENAVEAN 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
2009 25 AUG	£400,000	£260,930	53% above HPI
2007 12 OCT	£380,000	£301,184	26% above HPI

MENAVEAN 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 MENAVEAN sales from October 2007 and August 2009 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 October 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2009 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is MENAVEAN?

MENAVEAN is 152m², which includes two extensions, according to the EPC inspection conducted in February 2024. This puts it in the largest 40% of detached houses in Coverack, based on EPC data. The below chart shows the distribution of detached houses by size in Coverack, and where MENAVEAN lies on this distribution: 61% of detached houses are smaller than MENAVEAN, and 39% of houses are larger. Note that EPC data is not available for all properties in Coverack.

MENAVEAN: Plot and Title Map

MENAVEAN sits on a plot of roughly 0.246 of an acre, or 994m². The below map shows the location of MENAVEAN, 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 MENAVEAN). 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 MENAVEAN?

MENAVEAN is located on NORTH CORNER in COVERACK, in the TR12 postcode district. The below map shows the position of MENAVEAN on NORTH CORNER.