6, MENHINICK CLOSE, LANDRAKE, SALTASH, PL12 5DJ - £292,500

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.

6 MENHINICK CLOSE is a large extended detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £322,626. It was last sold for £292,500 in August 2021, which was around 25% below the average August 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

6 MENHINICK CLOSE Sold Prices

Land registry data shows two sales for 6 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 6 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
2021 27 AUG	£292,500	£388,585	25% below HPI
2010 10 AUG	£212,000	£284,028	25% below HPI

6 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 6 MENHINICK CLOSE sales from August 2010 and August 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 August 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2021 sale, which was also at 25% below the HPI.

What might 6 MENHINICK CLOSE be worth now?

6 MENHINICK CLOSE might now be worth an estimated £322,626.

This is based on house price inflation of 10.3%, between August 2021 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 10.3% inflationary increase is applied to the most recent sale price for 6 MENHINICK CLOSE of £292,500 on 27th August 2021. For the value to have increased from £292,500 to £322,626 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 6 MENHINICK CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2021 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 6 MENHINICK CLOSE has not materially changed since August 2021.

How Large is 6 MENHINICK CLOSE?

6 MENHINICK CLOSE is 133m², which includes two extensions, according to the EPC inspection conducted in June 2009. This puts it in the largest 40% 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 6 MENHINICK CLOSE lies on this distribution: 68% of detached houses houses are smaller than 6 MENHINICK CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Landrake.

6 MENHINICK CLOSE: Plot and Title Map

6 MENHINICK CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 6 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 6 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 6 MENHINICK CLOSE?

6 MENHINICK CLOSE is located in LANDRAKE, in the PL12 postcode district. The below map shows the position of No. 6 on MENHINICK CLOSE.