MELANDRA, MARYS WELL, ILLOGAN, REDRUTH, TR16 4EG - £275,000

MELANDRA is a midsized extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £275,000 in September 2010, which was around 3% below the average September 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

MELANDRA Sold Prices

Land registry data shows three sales for MELANDRA 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. Two of the three MELANDRA sales were for below the average price, whilst one was 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
2010 14 SEP	£275,000	£283,720	3% below HPI
2006 6 JUN	£280,000	£268,950	4% above HPI
2002 11 DEC	£175,000	£193,083	9% below HPI

MELANDRA 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 MELANDRA sales between December 2002 and September 2010 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 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2010 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is MELANDRA?

MELANDRA is 102m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 50% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where MELANDRA lies on this distribution: 56% of detached houses are smaller than MELANDRA, and 44% of houses are larger. Note that EPC data is not available for all properties in Illogan.

MELANDRA: Plot and Title Map

MELANDRA sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of MELANDRA, 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 MELANDRA). 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 MELANDRA?

MELANDRA is located on MARYS WELL in ILLOGAN, in the TR16 postcode district. The below map shows the position of MELANDRA on MARYS WELL.