2, METHLEIGH PARC, PORTHLEVEN, HELSTON, TR13 9LJ - £272,500

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 METHLEIGH PARC is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £272,500 in January 2020, which was around 20% below the average January 2020 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.

2 METHLEIGH PARC Sold Prices

Land registry data shows two sales for 2 METHLEIGH PARC since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 2 METHLEIGH PARC 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 JAN	£272,500	£340,517	20% below HPI
2014 29 OCT	£233,350	£290,735	20% below HPI

2 METHLEIGH PARC 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 two 2 METHLEIGH PARC sales from October 2014 and January 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 October 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2020 sale, which was also at 20% below the HPI.

How Large is 2 METHLEIGH PARC?

2 METHLEIGH PARC is 66m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Porthleven, based on EPC data. The below chart shows the distribution of detached houses by size in Porthleven, and where 2 METHLEIGH PARC lies on this distribution: 18% of detached houses are smaller than 2 METHLEIGH PARC, and 80% of houses are larger. Note that EPC data is not available for all properties in Porthleven.

2 METHLEIGH PARC: Plot and Title Map

2 METHLEIGH PARC sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 2 METHLEIGH PARC, 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 METHLEIGH PARC). 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 METHLEIGH PARC?

2 METHLEIGH PARC is located in PORTHLEVEN, in the TR13 postcode district. The below map shows the position of No. 2 on METHLEIGH PARC.