THE MEAD, WANSFORD MEADOW, GORRAN HAVEN, ST AUSTELL, PL26 6HU - £485,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE MEAD is a very large extended detached house of 203m², built sometime between 2003 and 2006, which could now be worth an estimated £749,763. It was last sold for £485,000 in September 2013, which was around 71% above the average September 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

THE MEAD Sold Prices

Land registry data shows two sales for THE MEAD 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 THE MEAD 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
2013 27 SEP	£485,000	£282,832	71% above HPI
2006 5 DEC	£444,000	£284,469	56% above HPI

THE MEAD 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 THE MEAD sales from December 2006 and September 2013 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 December 2006 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2013 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might THE MEAD be worth now?

THE MEAD might now be worth an estimated £749,763.

This is based on house price inflation of 54.6%, between September 2013 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 54.6% inflationary increase is applied to the most recent sale price for THE MEAD of £485,000 on 27th September 2013. For the value to have increased from £485,000 to £749,763 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of THE MEAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2013 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of THE MEAD has not materially changed since September 2013.

How Large is THE MEAD?

THE MEAD is 203m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses houses in Gorran Haven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gorran Haven, and where THE MEAD lies on this distribution: 95% of detached houses houses are smaller than THE MEAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Gorran Haven.

THE MEAD: Plot and Title Map

THE MEAD sits on a plot of roughly 930.9 acres, or 3,767,090m². The below map shows the location of THE MEAD, 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 THE MEAD). 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 THE MEAD?

THE MEAD is located on WANSFORD MEADOW in GORRAN HAVEN, in the PL26 postcode district. The below map shows the position of THE MEAD on WANSFORD MEADOW.