3, REEVES CLOSE, PORTHLEVEN, HELSTON, TR13 9PB - £495,000

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

3 REEVES CLOSE is a large extended detached house of 113m², built sometime between 1996 and 2002. It was last sold for £495,000 in July 2023, which was around 13% above the average July 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2023, where the current energy rating was B, and the potential energy rating was B.

3 REEVES CLOSE Sold Prices

Land registry data shows three sales for 3 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. Two of the three 3 REEVES CLOSE sales were for above the average price, whilst one was 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
2023 20 JUL	£495,000	£438,307	13% above HPI
2004 2 JUN	£245,000	£240,998	2% above HPI
1999 27 SEP	£82,000	£98,740	17% below HPI

3 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 3 REEVES CLOSE sales between September 1999 and July 2023 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 June 2004 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 3 REEVES CLOSE?

3 REEVES CLOSE is 113m², which includes two extensions, according to the EPC inspection conducted in January 2023. This puts it in the largest 40% of detached houses in Porthleven, based on EPC data. The below chart shows the distribution of detached houses by size in Porthleven, and where 3 REEVES CLOSE lies on this distribution: 67% of detached houses are smaller than 3 REEVES CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Porthleven.

3 REEVES CLOSE: Plot and Title Map

3 REEVES CLOSE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 3 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 3 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 3 REEVES CLOSE?

3 REEVES CLOSE is located in PORTHLEVEN, in the TR13 postcode district. The below map shows the position of No. 3 on REEVES CLOSE.