THE LAURELS, VICARAGE LANE, MULLION, HELSTON, TR12 7DB - £430,000

THE LAURELS is a large extended detached house of 132m², built sometime between 2007 and 2011. It was last sold for £430,000 in October 2023, which was around 3% below the average October 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 THE LAURELS 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
2023 4 OCT	£430,000	£445,557	3% below HPI
2013 26 SEP	£250,000	£278,445	10% below HPI

THE LAURELS 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 THE LAURELS sales from September 2013 and October 2023 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 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is THE LAURELS?

THE LAURELS is 132m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 30% of detached houses in Mullion, based on EPC data. The below chart shows the distribution of detached houses by size in Mullion, and where THE LAURELS lies on this distribution: 75% of detached houses are smaller than THE LAURELS, and 24% of houses are larger. Note that EPC data is not available for all properties in Mullion.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on VICARAGE LANE in MULLION, in the TR12 postcode district. The below map shows the position of THE LAURELS on VICARAGE LANE.