ATLANTIC VIEW, LIGHTHOUSE HILL, PORTREATH, REDRUTH, TR16 4LH - £1,700,000

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.

ATLANTIC VIEW is a very large detached house of 436m², which could now be worth an estimated £1,946,587. It was last sold for £1,700,000 in March 2021, which was around 345% above the average March 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

ATLANTIC VIEW Sold Prices

Land registry data shows three sales for ATLANTIC VIEW 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. All of the three ATLANTIC VIEW 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
2021 31 MAR	£1,700,000	£381,844	345% above HPI
2013 6 DEC	£315,000	£279,523	13% above HPI
2006 13 NOV	£300,000	£286,027	5% above HPI

ATLANTIC VIEW 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 ATLANTIC VIEW sales between November 2006 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 December 2013 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2021 sale, where it rises to 345% above the HPI. The line then continues to track at 345% above the HPI.

What might ATLANTIC VIEW be worth now?

ATLANTIC VIEW might now be worth an estimated £1,946,587.

This is based on house price inflation of 14.5%, between March 2021 and February 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 14.5% inflationary increase is applied to the most recent sale price for ATLANTIC VIEW of £1,700,000 on 31st March 2021. For the value to have increased from £1,700,000 to £1,946,587 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of ATLANTIC VIEW has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2021 sale price of £1,700,000 represented a fair market value for the property.
• The size, condition, and specification of ATLANTIC VIEW has not materially changed since March 2021.

How Large is ATLANTIC VIEW?

ATLANTIC VIEW is 436m² according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses houses in Portreath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portreath, and where ATLANTIC VIEW lies on this distribution: 99% of detached houses houses are smaller than ATLANTIC VIEW, and 1% of houses are larger. Note that EPC data is not available for all properties in Portreath.

ATLANTIC VIEW: Plot and Title Map

ATLANTIC VIEW sits on a plot of roughly 0.690 of an acre, or 2,794m². The below map shows the location of ATLANTIC VIEW, 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 ATLANTIC VIEW). 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 ATLANTIC VIEW?

ATLANTIC VIEW is located on LIGHTHOUSE HILL in PORTREATH, in the TR16 postcode district. The below map shows the position of ATLANTIC VIEW on LIGHTHOUSE HILL.