11, MENHINICK CLOSE, LANDRAKE, SALTASH, PL12 5DJ - £198,000

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.

11 MENHINICK CLOSE is a midsized detached house of 113m², built sometime between 1976 and 1982, which could now be worth an estimated £308,402. It was last sold for £198,000 in August 2011, which was around 28% below the average August 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

11 MENHINICK CLOSE Sold Prices

Land registry data shows two sales for 11 MENHINICK CLOSE 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 11 MENHINICK CLOSE 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
2011 5 AUG	£198,000	£275,174	28% below HPI
1999 30 MAR	£67,000	£95,039	30% below HPI

11 MENHINICK CLOSE 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 11 MENHINICK CLOSE sales from March 1999 and August 2011 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 March 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2011 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 MENHINICK CLOSE be worth now?

11 MENHINICK CLOSE might now be worth an estimated £308,402.

This is based on house price inflation of 55.8%, between August 2011 and May 2026, 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 55.8% inflationary increase is applied to the most recent sale price for 11 MENHINICK CLOSE of £198,000 on 5th August 2011. For the value to have increased from £198,000 to £308,402 over the fifteen years and three months to May 2026, the following assumptions must hold true:

• The value of 11 MENHINICK CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2011 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MENHINICK CLOSE has not materially changed since August 2011.

How Large is 11 MENHINICK CLOSE?

11 MENHINICK CLOSE is 113m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% of detached houses houses in Landrake, based on EPC data. The below chart shows the distribution of detached houses houses by size in Landrake, and where 11 MENHINICK CLOSE lies on this distribution: 45% of detached houses houses are smaller than 11 MENHINICK CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Landrake.

11 MENHINICK CLOSE: Plot and Title Map

11 MENHINICK CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 11 MENHINICK CLOSE, 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 11 MENHINICK CLOSE). 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 11 MENHINICK CLOSE?

11 MENHINICK CLOSE is located in LANDRAKE, in the PL12 postcode district. The below map shows the position of No. 11 on MENHINICK CLOSE.