3, FORTH VEAN, PORTREATH, REDRUTH, TR16 4NY - £230,000

3 FORTH VEAN is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £230,000 in March 2018, which was around 30% below the average March 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was G, and the potential energy rating was A.

3 FORTH VEAN Sold Prices

Land registry data shows two sales for 3 FORTH VEAN 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 3 FORTH VEAN 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
2018 16 MAR	£230,000	£328,446	30% below HPI
1999 13 SEP	£75,000	£98,740	24% below HPI

3 FORTH VEAN 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 3 FORTH VEAN sales from September 1999 and March 2018 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 1999 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 FORTH VEAN?

3 FORTH VEAN is 74m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Portreath, based on EPC data. The below chart shows the distribution of detached houses by size in Portreath, and where 3 FORTH VEAN lies on this distribution: 18% of detached houses are smaller than 3 FORTH VEAN, and 81% of houses are larger. Note that EPC data is not available for all properties in Portreath.

3 FORTH VEAN: Plot and Title Map

3 FORTH VEAN sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 3 FORTH VEAN, 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 3 FORTH VEAN). 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 3 FORTH VEAN?

3 FORTH VEAN is located in PORTREATH, in the TR16 postcode district. The below map shows the position of No. 3 on FORTH VEAN.