8, Mexico Lane
8, Mexico Lane
Description & Estimates
According to the public record, 8, Mexico Lane, Hayle is an early-century freehold house with 1,388 ft2 of internal area and sits on a 387 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Mexico Lane, Hayle is £633,515 and the estimated rental value is £1,515 per month.
Mexico Lane, Phillack, Hayle, TR27 is located within the TR27 postal district.
Our Data Sources
8, Mexico Lane, Hayle has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Mexico Lane, Hayle is in very good condition we estimate a sale value of £665,190 and a rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £589,169 and a rental value of £1,409 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Mexico Lane, Hayle has fallen by £17,297 (2.7%), while its estimated rental value has moved up by £58 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 2.9%.
Plot Size
According to data from HM Land Registry, 8, Mexico Lane, Hayle sits on a plot of 387 m2.
We have plot size data on 9 out of 21 other houses in the postcode and 8, Mexico Lane, Hayle sits on the 8th largest plot.
Energy Efficiency
8, Mexico Lane, Hayle has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 16 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, 8, Mexico Lane, Hayle was last sold on 11th June 2021 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has dropped by 2.1%.
- Sold Jun 2021£270,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Mexico Lane, Hayle within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 5 Rew An Borthva, North Quay, Hayle, TR27 4FU, a freehold house which sold for £875,000 on the 24th November 2023.
Read more about house prices in TR27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mexico Lane, Phillack, Hayle, TR27 has a total of 21 addresses. According to our analysis of all the public data, 8, Mexico Lane, Hayle is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £323k more expensive than the average property in TR27.
More reading links
Schools Nearby
- 1.0kmBodriggy Academy
- 1.5kmPenpol School
- 2.9kmConnor Downs Academy
- 1.3kmHayle Academy
- 4.6kmSt Ives School
- 7.7kmCamborne Science and International Academy
More reading links
Public Transport Nearby
The closest station to 8, Mexico Lane, Hayle is Hayle station, which is 1.1 kilometres away.
- 1.1kmHayle
- 1.9kmLelant
- 2.5kmLelant Saltings
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
