2, FORTHCROM, GWEEK, HELSTON, TR12 6UN - £277,000

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

2 FORTHCROM is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £277,000 in October 2020, which was around 24% below the average October 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

2 FORTHCROM Sold Prices

Land registry data shows three sales for 2 FORTHCROM 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 2 FORTHCROM 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
2020 23 OCT	£277,000	£364,602	24% below HPI
2013 29 NOV	£175,000	£277,939	37% below HPI
2001 4 MAY	£84,000	£126,825	34% below HPI

2 FORTHCROM 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 2 FORTHCROM sales between May 2001 and October 2020 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 November 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 FORTHCROM?

2 FORTHCROM is 62m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Gweek, based on EPC data. The below chart shows the distribution of detached houses by size in Gweek, and where 2 FORTHCROM lies on this distribution: 5% of detached houses are smaller than 2 FORTHCROM, and 95% of houses are larger. Note that EPC data is not available for all properties in Gweek.

2 FORTHCROM: Plot and Title Map

2 FORTHCROM sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 FORTHCROM, 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 2 FORTHCROM). 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 2 FORTHCROM?

2 FORTHCROM is located in GWEEK, in the TR12 postcode district. The below map shows the position of No. 2 on FORTHCROM.