PARC MERE, NANSMELLYON ROAD, MULLION, HELSTON, TR12 7DH - £267,500

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

PARC MERE is a very small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £267,500 in December 2019, which was around 22% below the average December 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2011, where the current energy rating was F, and the potential energy rating was F.

PARC MERE Sold Prices

Land registry data shows two sales for PARC MERE 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 PARC MERE sales were 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
2019 3 DEC	£267,500	£341,511	22% below HPI
2012 9 OCT	£184,000	£265,698	31% below HPI

PARC MERE 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 PARC MERE sales from October 2012 and December 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 October 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2019 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is PARC MERE?

PARC MERE is 79m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Mullion, based on EPC data. The below chart shows the distribution of detached houses by size in Mullion, and where PARC MERE lies on this distribution: 18% of detached houses are smaller than PARC MERE, and 82% of houses are larger. Note that EPC data is not available for all properties in Mullion.

PARC MERE: Plot and Title Map

PARC MERE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of PARC MERE, 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 PARC MERE). 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 PARC MERE?

PARC MERE is located on NANSMELLYON ROAD in MULLION, in the TR12 postcode district. The below map shows the position of PARC MERE on NANSMELLYON ROAD.