1, PENMEVA VIEW, MEVAGISSEY, ST AUSTELL, PL26 6RB - £250,000

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.

1 PENMEVA VIEW is a small extended detached house of 109m², built sometime between 1983 and 1990, which could now be worth an estimated £273,255. It was last sold for £250,000 in May 2021, which was around 34% below the average May 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2021, where the current energy rating was F, and the potential energy rating was E.

1 PENMEVA VIEW Sold Prices

Land registry data shows three sales for 1 PENMEVA 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. All of the three 1 PENMEVA VIEW 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
2021 21 MAY	£250,000	£381,527	34% below HPI
2008 5 DEC	£170,000	£264,578	36% below HPI
2005 31 MAR	£230,000	£257,165	11% below HPI

1 PENMEVA 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 1 PENMEVA VIEW sales between March 2005 and May 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 December 2008 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 1 PENMEVA VIEW be worth now?

1 PENMEVA VIEW might now be worth an estimated £273,255.

This is based on house price inflation of 9.3%, between May 2021 and June 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 9.3% inflationary increase is applied to the most recent sale price for 1 PENMEVA VIEW of £250,000 on 21st May 2021. For the value to have increased from £250,000 to £273,255 over the three years and eleven months to June 2025, the following assumptions must hold true:

• The value of 1 PENMEVA VIEW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PENMEVA VIEW has not materially changed since May 2021.

How Large is 1 PENMEVA VIEW?

1 PENMEVA VIEW is 109m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses houses in Mevagissey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mevagissey, and where 1 PENMEVA VIEW lies on this distribution: 33% of detached houses houses are smaller than 1 PENMEVA VIEW, and 66% of houses are larger. Note that EPC data is not available for all properties in Mevagissey.

1 PENMEVA VIEW: Plot and Title Map

1 PENMEVA VIEW sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 1 PENMEVA 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 1 PENMEVA 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 1 PENMEVA VIEW?

1 PENMEVA VIEW is located in MEVAGISSEY, in the PL26 postcode district. The below map shows the position of No. 1 on PENMEVA VIEW.