16, REEVES CLOSE, PORTHLEVEN, HELSTON, TR13 9PB - £250,000

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 REEVES CLOSE is a small detached house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £370,138. It was last sold for £250,000 in October 2014, which was around 15% below the average October 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

16 REEVES CLOSE Sold Prices

Land registry data shows three sales for 16 REEVES CLOSE 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 16 REEVES CLOSE 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
2014 17 OCT	£250,000	£295,316	15% below HPI
2005 24 JAN	£246,000	£263,236	7% below HPI
1999 1 APR	£89,500	£94,624	5% below HPI

16 REEVES CLOSE 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 16 REEVES CLOSE sales between April 1999 and October 2014 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 January 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 16 REEVES CLOSE be worth now?

16 REEVES CLOSE might now be worth an estimated £370,138.

This is based on house price inflation of 48.1%, between October 2014 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 48.1% inflationary increase is applied to the most recent sale price for 16 REEVES CLOSE of £250,000 on 17th October 2014. For the value to have increased from £250,000 to £370,138 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 REEVES CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 16 REEVES CLOSE has not materially changed since October 2014.

How Large is 16 REEVES CLOSE?

16 REEVES CLOSE is 76m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses houses in Porthleven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Porthleven, and where 16 REEVES CLOSE lies on this distribution: 29% of detached houses houses are smaller than 16 REEVES CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Porthleven.

16 REEVES CLOSE: Plot and Title Map

16 REEVES CLOSE sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 16 REEVES CLOSE, 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 REEVES CLOSE). 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 REEVES CLOSE?

16 REEVES CLOSE is located in PORTHLEVEN, in the TR13 postcode district. The below map shows the position of No. 16 on REEVES CLOSE.