SPINDRIFT, BODRUGAN HILL, MEVAGISSEY, ST AUSTELL, PL26 6PS - £475,000

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

SPINDRIFT is a very large extended detached house of 184m², built sometime between 1950 and 1966. It was last sold for £475,000 in March 2017, which was around 53% above the average March 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2009, where the current energy rating was F, and the potential energy rating was D.

SPINDRIFT Sold Prices

Land registry data shows two sales for SPINDRIFT 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 SPINDRIFT 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
2017 31 MAR	£475,000	£309,696	53% above HPI
2011 2 JUN	£380,000	£264,650	44% above HPI

SPINDRIFT 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 SPINDRIFT sales from June 2011 and March 2017 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 2011 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the March 2017 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is SPINDRIFT?

SPINDRIFT is 184m², which includes two extensions, according to the EPC inspection conducted in July 2009. 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 SPINDRIFT lies on this distribution: 81% of detached houses are smaller than SPINDRIFT, and 19% of houses are larger. Note that EPC data is not available for all properties in Mevagissey.

SPINDRIFT: Plot and Title Map

SPINDRIFT sits on a plot of roughly 0.268 of an acre, or 1,084m². The below map shows the location of SPINDRIFT, 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 SPINDRIFT). 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 SPINDRIFT?

SPINDRIFT is located on BODRUGAN HILL in MEVAGISSEY, in the PL26 postcode district. The below map shows the position of SPINDRIFT on BODRUGAN HILL.