MELLALUE, HIGHCLIFFE, POLZEATH, WADEBRIDGE, PL27 6TN - £1,400,000

MELLALUE is a very large detached house of 282m². It was last sold for £1,400,000 in December 2012, which was around 424% above the average December 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

MELLALUE Sold Prices

Land registry data shows two sales for MELLALUE 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 MELLALUE 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
2012 14 DEC	£1,400,000	£267,018	424% above HPI
1999 16 DEC	£270,000	£103,327	161% above HPI

MELLALUE 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 MELLALUE sales from December 1999 and December 2012 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 1999 sale was for 161% above the HPI. So the extrapolation line tracks at 161% above the HPI over time, until the December 2012 sale, where it rises to 424% above the HPI. The line then continues to track at 424% above the HPI.

How Large is MELLALUE?

MELLALUE is 282m² according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses in Polzeath, based on EPC data. The below chart shows the distribution of detached houses by size in Polzeath, and where MELLALUE lies on this distribution: 85% of detached houses are smaller than MELLALUE, and 15% of houses are larger. Note that EPC data is not available for all properties in Polzeath.

MELLALUE: Plot and Title Map

MELLALUE sits on a plot of roughly 0.777 of an acre, or 3,144m². The below map shows the location of MELLALUE, 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 MELLALUE). 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 MELLALUE?

MELLALUE is located on HIGHCLIFFE in POLZEATH, in the PL27 postcode district. The below map shows the position of MELLALUE on HIGHCLIFFE.