5, REEVES CLOSE, PORTHLEVEN, HELSTON, TR13 9PB - £445,000

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

5 REEVES CLOSE is a small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £445,000 in March 2024, which was around 3% above the average March 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

5 REEVES CLOSE Sold Prices

Land registry data shows three sales for 5 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. The three 5 REEVES CLOSE sales were a mix of above the average price, roughly equal to the average price, and 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
2024 18 MAR	£445,000	£431,051	3% above HPI
2004 16 FEB	£227,500	£228,443	Close to HPI
2000 23 JUN	£89,950	£111,422	19% below HPI

5 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 5 REEVES CLOSE sales between June 2000 and March 2024 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 February 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2024 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 5 REEVES CLOSE?

5 REEVES CLOSE is 75m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 30% of detached houses in Porthleven, based on EPC data. The below chart shows the distribution of detached houses by size in Porthleven, and where 5 REEVES CLOSE lies on this distribution: 28% of detached houses are smaller than 5 REEVES CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Porthleven.

5 REEVES CLOSE: Plot and Title Map

5 REEVES CLOSE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 5 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 5 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 5 REEVES CLOSE?

5 REEVES CLOSE is located in PORTHLEVEN, in the TR13 postcode district. The below map shows the position of No. 5 on REEVES CLOSE.