ROSALEA, GLENMOOR LANE, MULLION, HELSTON, TR12 7EF - £475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ROSALEA is a large detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £448,065. It was last sold for £475,000 in December 2022, which was around 2% above the average December 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was B.

ROSALEA Sold Prices

Land registry data shows two sales for ROSALEA 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 ROSALEA 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
2022 12 DEC	£475,000	£463,515	2% above HPI
2003 10 JUN	£192,500	£213,926	10% below HPI

ROSALEA 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 ROSALEA sales from June 2003 and December 2022 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 June 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might ROSALEA be worth now?

ROSALEA might now be worth an estimated £448,065.

This is based on house price deflation of 5.7%, between December 2022 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.7% deflationary decrease is applied to the most recent sale price for ROSALEA of £475,000 on 12th December 2022. For the value to have decreased from £475,000 to £448,065 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of ROSALEA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of ROSALEA has not materially changed since December 2022.

How Large is ROSALEA?

ROSALEA is 114m² according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses houses in Mullion, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mullion, and where ROSALEA lies on this distribution: 60% of detached houses houses are smaller than ROSALEA, and 40% of houses are larger. Note that EPC data is not available for all properties in Mullion.

ROSALEA: Plot and Title Map

ROSALEA sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of ROSALEA, 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 ROSALEA). 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 ROSALEA?

ROSALEA is located on GLENMOOR LANE in MULLION, in the TR12 postcode district. The below map shows the position of ROSALEA on GLENMOOR LANE.