ENCO, LIGHTHOUSE HILL, PORTREATH, REDRUTH, TR16 4LH - £570,000

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

ENCO is a midsized extended detached house of 122m², built sometime between 1967 and 1975. It was last sold for £570,000 in March 2020, which was around 66% above the average March 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was C.

ENCO Sold Prices

Land registry data shows two sales for ENCO 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. One of the two ENCO sales was for above the average price, whilst the other was 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
2020 6 MAR	£570,000	£342,697	66% above HPI
1996 14 AUG	£67,500	£72,969	7% below HPI

ENCO 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 ENCO sales from August 1996 and March 2020 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 August 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2020 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is ENCO?

ENCO is 122m², which includes three extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 50% of detached houses in Portreath, based on EPC data. The below chart shows the distribution of detached houses by size in Portreath, and where ENCO lies on this distribution: 55% of detached houses are smaller than ENCO, and 43% of houses are larger. Note that EPC data is not available for all properties in Portreath.

ENCO: Plot and Title Map

ENCO sits on a plot of roughly 0.153 of an acre, or 620m². The below map shows the location of ENCO, 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 ENCO). 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 ENCO?

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