SEASKAPE, PENBERTHY ROAD, PORTREATH, REDRUTH, TR16 4LR - £188,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SEASKAPE is a very small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £188,950 in August 2012, which was around 31% below the average August 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

SEASKAPE Sold Prices

Land registry data shows three sales for SEASKAPE 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 SEASKAPE 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
2012 29 AUG	£188,950	£272,110	31% below HPI
1999 12 AUG	£64,000	£98,105	35% below HPI
1997 18 DEC	£58,000	£85,978	33% below HPI

SEASKAPE 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 SEASKAPE sales between December 1997 and August 2012 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 August 1999 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2012 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is SEASKAPE?

SEASKAPE is 73m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 SEASKAPE lies on this distribution: 17% of detached houses are smaller than SEASKAPE, and 83% of houses are larger. Note that EPC data is not available for all properties in Portreath.

SEASKAPE: Plot and Title Map

SEASKAPE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of SEASKAPE, 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 SEASKAPE). 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 SEASKAPE?

SEASKAPE is located on PENBERTHY ROAD in PORTREATH, in the TR16 postcode district. The below map shows the position of SEASKAPE on PENBERTHY ROAD.