NEWLAND, SPRINGFIELD PARK, MYLOR BRIDGE, FALMOUTH, TR11 5SJ - £135,000

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

NEWLAND is a large extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £135,000 in August 2001, which was around 2% above the average August 2001 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

NEWLAND Sold Prices

Land registry data shows two sales for NEWLAND 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. One of the two NEWLAND sales was for above the average price, whilst the other was 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
2001 20 AUG	£135,000	£131,972	2% above HPI
1999 4 FEB	£86,000	£92,086	7% below HPI

NEWLAND 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 NEWLAND sales from February 1999 and August 2001 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 February 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2001 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is NEWLAND?

NEWLAND is 121m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Mylor Bridge, based on EPC data. The below chart shows the distribution of detached houses by size in Mylor Bridge, and where NEWLAND lies on this distribution: 63% of detached houses are smaller than NEWLAND, and 37% of houses are larger. Note that EPC data is not available for all properties in Mylor Bridge.

NEWLAND: Plot and Title Map

NEWLAND sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of NEWLAND, 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 NEWLAND). 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 NEWLAND?

NEWLAND is located on SPRINGFIELD PARK in MYLOR BRIDGE, in the TR11 postcode district. The below map shows the position of NEWLAND on SPRINGFIELD PARK.