3, SIKA DRIVE, HELSTON, TR13 8WJ - £350,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 SIKA DRIVE is a very small detached house of 67m², which could now be worth an estimated £329,925. It was last sold for £350,000 in October 2022, which was around 25% below the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was A.

3 SIKA DRIVE Sold Prices

Land registry data shows two sales for 3 SIKA DRIVE 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 3 SIKA DRIVE 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
2022 28 OCT	£350,000	£463,835	25% below HPI
2019 28 NOV	£250,000	£349,562	28% below HPI

3 SIKA DRIVE 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 3 SIKA DRIVE sales from November 2019 and October 2022 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 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 SIKA DRIVE be worth now?

3 SIKA DRIVE might now be worth an estimated £329,925.

This is based on house price deflation of 5.7%, between October 2022 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 5.7% deflationary decrease is applied to the most recent sale price for 3 SIKA DRIVE of £350,000 on 28th October 2022. For the value to have decreased from £350,000 to £329,925 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 SIKA DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SIKA DRIVE has not materially changed since October 2022.

How Large is 3 SIKA DRIVE?

3 SIKA DRIVE is 67m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of detached houses houses in Helston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Helston, and where 3 SIKA DRIVE lies on this distribution: 8% of detached houses houses are smaller than 3 SIKA DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Helston.

3 SIKA DRIVE: Plot and Title Map

3 SIKA DRIVE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 3 SIKA DRIVE, 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 SIKA DRIVE). 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 SIKA DRIVE?

3 SIKA DRIVE is located in HELSTON, in the TR13 postcode district. The below map shows the position of No. 3 on SIKA DRIVE.