EMLYN, LIGHTHOUSE HILL, PORTREATH, REDRUTH, TR16 4LJ - £340,000

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

EMLYN is a very small detached house of 49m², built sometime between 2003 and 2006. It was last sold for £340,000 in March 2022, which was around 20% below the average March 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was A.

EMLYN Sold Prices

Land registry data shows two sales for EMLYN 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 EMLYN 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 18 MAR	£340,000	£423,857	20% below HPI
2012 14 DEC	£192,500	£267,018	28% below HPI

EMLYN 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 EMLYN sales from December 2012 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 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is EMLYN?

EMLYN is 49m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Portreath, based on EPC data. The below chart shows the distribution of detached houses by size in Portreath, and where EMLYN lies on this distribution: Less than 1% of detached houses are smaller than EMLYN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Portreath.

EMLYN: Plot and Title Map

EMLYN sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of EMLYN, 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 EMLYN). 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 EMLYN?

EMLYN is located on LIGHTHOUSE HILL in PORTREATH, in the TR16 postcode district. The below map shows the position of EMLYN on LIGHTHOUSE HILL.