TAMARISK, PENWARNE LANE, MEVAGISSEY, ST AUSTELL, PL26 6PF - £660,000

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.

TAMARISK is a very large detached house of 237m², which could now be worth an estimated £762,516. It was last sold for £660,000 in March 2021, which was around 73% above the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2020, where the current energy rating was B, and the potential energy rating was A.

TAMARISK Sold Prices

Land registry data shows three sales for TAMARISK 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. One of the three TAMARISK sales was for above the average price, whilst two 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 31 MAR	£660,000	£381,844	73% above HPI
2016 2 SEP	£186,620	£307,396	39% below HPI
2009 8 JAN	£105,000	£257,567	59% below HPI

TAMARISK 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 TAMARISK sales between January 2009 and March 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 September 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2021 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might TAMARISK be worth now?

TAMARISK might now be worth an estimated £762,516.

This is based on house price inflation of 15.5%, between March 2021 and March 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 15.5% inflationary increase is applied to the most recent sale price for TAMARISK of £660,000 on 31st March 2021. For the value to have increased from £660,000 to £762,516 over the four years to March 2025, the following assumptions must hold true:

• The value of TAMARISK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2021 sale price of £660,000 represented a fair market value for the property.
• The size, condition, and specification of TAMARISK has not materially changed since March 2021.

How Large is TAMARISK?

TAMARISK is 237m² according to the EPC inspection conducted in November 2020. This puts it in the largest 10% 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 TAMARISK lies on this distribution: 93% of detached houses houses are smaller than TAMARISK, and 7% of houses are larger. Note that EPC data is not available for all properties in Mevagissey.

TAMARISK: Plot and Title Map

TAMARISK sits on a plot of roughly 0.287 of an acre, or 1,162m². The below map shows the location of TAMARISK, 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 TAMARISK). 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 TAMARISK?

TAMARISK is located on PENWARNE LANE in MEVAGISSEY, in the PL26 postcode district. The below map shows the position of TAMARISK on PENWARNE LANE.