OCEAN VIEW, POLKIRT HILL, MEVAGISSEY, ST AUSTELL, PL26 6UX - £731,000

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

OCEAN VIEW is a very large detached house of 243m², built sometime between 2003 and 2006. It was last sold for £731,000 in January 2015, which was around 154% above the average January 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.

OCEAN VIEW Sold Prices

Land registry data shows four sales for OCEAN VIEW 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 OCEAN VIEW 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
2015 30 JAN	£731,000	£287,784	154% above HPI
2006 22 SEP	£850,000	£275,675	208% above HPI
2005 18 FEB	£332,500	£255,020	30% above HPI
2003 25 JUL	£247,500	£214,306	15% above HPI

OCEAN VIEW 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 OCEAN VIEW sales between July 2003 and January 2015 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 September 2006 sale was for 208% above the HPI. So the extrapolation line tracks at 208% above the HPI over time, until the January 2015 sale, where it falls to 154% above the HPI. The line then continues to track at 154% above the HPI.

How Large is OCEAN VIEW?

OCEAN VIEW is 243m² according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses in Mevagissey, based on EPC data. The below chart shows the distribution of detached houses by size in Mevagissey, and where OCEAN VIEW lies on this distribution: 94% of detached houses are smaller than OCEAN VIEW, and 6% of houses are larger. Note that EPC data is not available for all properties in Mevagissey.

OCEAN VIEW: Plot and Title Map

OCEAN VIEW sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of OCEAN VIEW, 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 OCEAN VIEW). 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 OCEAN VIEW?

OCEAN VIEW is located on POLKIRT HILL in MEVAGISSEY, in the PL26 postcode district. The below map shows the position of OCEAN VIEW on POLKIRT HILL.