GREYLEIGH, THE INCLINE, PORTREATH, REDRUTH, TR16 4PB - £115,000

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.

GREYLEIGH is a very small detached house of 70m², built sometime between 1930 and 1949, which could now be worth an estimated £190,044. It was last sold for £115,000 in December 2008, which was around 57% below the average December 2008 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was B.

GREYLEIGH Sold Prices

Land registry data shows two sales for GREYLEIGH 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 GREYLEIGH 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
2008 1 DEC	£115,000	£264,578	57% below HPI
2001 7 JUN	£59,450	£130,118	54% below HPI

GREYLEIGH 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 GREYLEIGH sales from June 2001 and December 2008 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 June 2001 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2008 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might GREYLEIGH be worth now?

GREYLEIGH might now be worth an estimated £190,044.

This is based on house price inflation of 65.3%, between December 2008 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 65.3% inflationary increase is applied to the most recent sale price for GREYLEIGH of £115,000 on 1st December 2008. For the value to have increased from £115,000 to £190,044 over the seventeen years and ten months to February 2025, the following assumptions must hold true:

• The value of GREYLEIGH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The December 2008 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of GREYLEIGH has not materially changed since December 2008.

How Large is GREYLEIGH?

GREYLEIGH is 70m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% 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 GREYLEIGH lies on this distribution: 10% of detached houses houses are smaller than GREYLEIGH, and 90% of houses are larger. Note that EPC data is not available for all properties in Portreath.

GREYLEIGH: Plot and Title Map

GREYLEIGH sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of GREYLEIGH, 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 GREYLEIGH). 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 GREYLEIGH?

GREYLEIGH is located on THE INCLINE in PORTREATH, in the TR16 postcode district. The below map shows the position of GREYLEIGH on THE INCLINE.