16, FORTH VEAN, PORTREATH, REDRUTH, TR16 4NY - £255,000

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.

16 FORTH VEAN is a very small semi-detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £361,173. It was last sold for £255,000 in April 2017, which was around 25% above the average April 2017 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was D.

16 FORTH VEAN Sold Prices

Land registry data shows two sales for 16 FORTH VEAN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 16 FORTH VEAN 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
2017 13 APR	£255,000	£203,513	25% above HPI
1995 10 JUL	£57,500	£45,228	27% above HPI

16 FORTH VEAN Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 16 FORTH VEAN sales from July 1995 and April 2017 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 July 1995 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the April 2017 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 16 FORTH VEAN be worth now?

16 FORTH VEAN might now be worth an estimated £361,173.

This is based on house price inflation of 41.6%, between April 2017 and February 2025, for semi-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 41.6% inflationary increase is applied to the most recent sale price for 16 FORTH VEAN of £255,000 on 13th April 2017. For the value to have increased from £255,000 to £361,173 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 16 FORTH VEAN has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The April 2017 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 16 FORTH VEAN has not materially changed since April 2017.

How Large is 16 FORTH VEAN?

16 FORTH VEAN is 74m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of semi-detached houses houses in Portreath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Portreath, and where 16 FORTH VEAN lies on this distribution: 17% of semi-detached houses houses are smaller than 16 FORTH VEAN, and 80% of houses are larger. Note that EPC data is not available for all properties in Portreath.

16 FORTH VEAN: Plot and Title Map

16 FORTH VEAN sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 16 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 16 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 16 FORTH VEAN?

16 FORTH VEAN is located in PORTREATH, in the TR16 postcode district. The below map shows the position of No. 16 on FORTH VEAN.