1, FORTH VEAN, PORTREATH, REDRUTH, TR16 4NY - £70,000

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.

1 FORTH VEAN is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £310,749. It was last sold for £70,000 in June 1999, which was around 27% below the average June 1999 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2016, where the current energy rating was F, and the potential energy rating was A.

1 FORTH VEAN Sold Prices

Land registry data shows one sale for 1 FORTH VEAN since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Cornwall local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
1999 2 JUN	£70,000	£96,549	27% below HPI

What might 1 FORTH VEAN be worth now?

1 FORTH VEAN might now be worth an estimated £310,749.

This is based on house price inflation of 343.9%, between June 1999 and May 2026, 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 343.9% inflationary increase is applied to the most recent sale price for 1 FORTH VEAN of £70,000 on 2nd June 1999. For the value to have increased from £70,000 to £310,749 over the 27 years and one month to May 2026, the following assumptions must hold true:

• The value of 1 FORTH VEAN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 1999 sale price of £70,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FORTH VEAN has not materially changed since June 1999.

How Large is 1 FORTH VEAN?

1 FORTH VEAN is 75m² 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 1 FORTH VEAN lies on this distribution: 19% of detached houses are smaller than 1 FORTH VEAN, and 81% of detached houses are larger. Note that EPC data is not available for all properties in Portreath.

1 FORTH VEAN: Plot

1 FORTH VEAN sits on a plot of roughly 0.158 of an acre, or 638m².

Where is 1 FORTH VEAN?

1 FORTH VEAN is located in PORTREATH, in the TR16 postcode district.