5, HILLSIDE, PORTREATH, REDRUTH, TR16 4LL - £416,500

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

5 HILLSIDE is a small detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £429,529. It was last sold for £416,500 in March 2022, which was around 3% below the average March 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

5 HILLSIDE Sold Prices

Land registry data shows five sales for 5 HILLSIDE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five 5 HILLSIDE 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 10 MAR	£416,500	£430,535	3% below HPI
2007 14 DEC	£266,000	£304,013	13% below HPI
2003 24 OCT	£207,500	£224,257	7% below HPI
2002 7 JUN	£130,000	£161,276	19% below HPI
1997 7 JUL	£45,000	£82,169	45% below HPI

5 HILLSIDE 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 five 5 HILLSIDE sales between July 1997 and March 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 December 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 5 HILLSIDE be worth now?

5 HILLSIDE might now be worth an estimated £429,529.

This is based on house price inflation of 3.1%, between March 2022 and December 2024, 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 3.1% inflationary increase is applied to the most recent sale price for 5 HILLSIDE of £416,500 on 10th March 2022. For the value to have increased from £416,500 to £429,529 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 5 HILLSIDE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2022 sale price of £416,500 represented a fair market value for the property.
• The size, condition, and specification of 5 HILLSIDE has not materially changed since March 2022.

How Large is 5 HILLSIDE?

5 HILLSIDE is 88m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses houses in Portreath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Portreath, and where 5 HILLSIDE lies on this distribution: 35% of detached houses houses are smaller than 5 HILLSIDE, and 65% of houses are larger. Note that EPC data is not available for all properties in Portreath.

5 HILLSIDE: Plot and Title Map

5 HILLSIDE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 5 HILLSIDE, 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 5 HILLSIDE). 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 5 HILLSIDE?

5 HILLSIDE is located in PORTREATH, in the TR16 postcode district. The below map shows the position of No. 5 on HILLSIDE.