OCEAN VIEW, SCHOOL HILL, MEVAGISSEY, ST AUSTELL, PL26 6TH - £1,262,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OCEAN VIEW is a very large detached house of 204m². It was last sold for £1,262,500 in September 2021, which was around 232% above the average September 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was B.

OCEAN VIEW Sold Prices

Land registry data shows three sales for OCEAN VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three OCEAN VIEW sales were for above the average price, whilst one 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
2021 30 SEP	£1,262,500	£380,638	232% above HPI
2019 11 JAN	£1,000,000	£336,721	197% above HPI
2016 4 NOV	£260,000	£307,645	15% below 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 three OCEAN VIEW sales between November 2016 and September 2021 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 2019 sale was for 197% above the HPI. So the extrapolation line tracks at 197% above the HPI over time, until the September 2021 sale, where it rises to 232% above the HPI. The line then continues to track at 232% above the HPI.

How Large is OCEAN VIEW?

OCEAN VIEW is 204m² according to the EPC inspection conducted in December 2017. This puts it in the largest 20% 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: 87% of detached houses are smaller than OCEAN VIEW, and 12% 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 0.131 of an acre, or 528m². 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 SCHOOL HILL in MEVAGISSEY, in the PL26 postcode district. The below map shows the position of OCEAN VIEW on SCHOOL HILL.