4, REEVES CLOSE, PORTHLEVEN, HELSTON, TR13 9PB - £245,000

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.

4 REEVES CLOSE is a small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £376,460. It was last sold for £245,000 in May 2010, which was around 14% below the average May 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

4 REEVES CLOSE Sold Prices

Land registry data shows four sales for 4 REEVES CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 4 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
2010 27 MAY	£245,000	£284,550	14% below HPI
2006 26 APR	£245,000	£268,121	9% below HPI
2002 21 FEB	£145,000	£148,606	2% below HPI
1999 26 NOV	£82,000	£103,500	21% below HPI

4 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 four 4 REEVES CLOSE sales between November 1999 and May 2010 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 April 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2010 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 4 REEVES CLOSE be worth now?

4 REEVES CLOSE might now be worth an estimated £376,460.

This is based on house price inflation of 53.7%, between May 2010 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 53.7% inflationary increase is applied to the most recent sale price for 4 REEVES CLOSE of £245,000 on 27th May 2010. For the value to have increased from £245,000 to £376,460 over the fifteen years and three months to February 2025, the following assumptions must hold true:

• The value of 4 REEVES CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2010 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 4 REEVES CLOSE has not materially changed since May 2010.

How Large is 4 REEVES CLOSE?

4 REEVES CLOSE is 78m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% 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 4 REEVES CLOSE lies on this distribution: 31% of detached houses houses are smaller than 4 REEVES CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Porthleven.

4 REEVES CLOSE: Plot and Title Map

4 REEVES CLOSE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 4 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 4 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 4 REEVES CLOSE?

4 REEVES CLOSE is located in PORTHLEVEN, in the TR13 postcode district. The below map shows the position of No. 4 on REEVES CLOSE.