COVE OUTLOOK, CHYMBLOTH WAY, COVERACK, HELSTON, TR12 6TB - £1,250,000

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

COVE OUTLOOK is a very large detached house of 257m², built sometime from 2007 onwards. It was last sold for £1,250,000 in June 2021, which was around 223% above the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was B, and the potential energy rating was B.

COVE OUTLOOK Sold Prices

Land registry data shows two sales for COVE OUTLOOK 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 COVE OUTLOOK sales were for above 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
2021 1 JUN	£1,250,000	£387,509	223% above HPI
2004 23 SEP	£390,000	£257,040	52% above HPI

COVE OUTLOOK 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 COVE OUTLOOK sales from September 2004 and June 2021 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 September 2004 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the June 2021 sale, where it rises to 223% above the HPI. The line then continues to track at 223% above the HPI.

How Large is COVE OUTLOOK?

COVE OUTLOOK is 257m² according to the EPC inspection conducted in June 2013. This puts it in the largest 10% of detached houses in Coverack, based on EPC data. The below chart shows the distribution of detached houses by size in Coverack, and where COVE OUTLOOK lies on this distribution: 95% of detached houses are smaller than COVE OUTLOOK, and 5% of houses are larger. Note that EPC data is not available for all properties in Coverack.

COVE OUTLOOK: Plot and Title Map

COVE OUTLOOK sits on a plot of roughly 0.814 of an acre, or 3,292m². The below map shows the location of COVE OUTLOOK, 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 COVE OUTLOOK). 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 COVE OUTLOOK?

COVE OUTLOOK is located on CHYMBLOTH WAY in COVERACK, in the TR12 postcode district. The below map shows the position of COVE OUTLOOK on CHYMBLOTH WAY.