GWAVAS VEAN, LOWERTOWN, HELSTON, TR13 0BY - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GWAVAS VEAN is a midsized extended detached house of 94m², built sometime before 1900, which could now be worth an estimated £463,856. It was last sold for £290,000 in November 2012, which was around 6% above the average November 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was B.

GWAVAS VEAN Sold Prices

Land registry data shows two sales for GWAVAS VEAN 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 GWAVAS VEAN 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
2012 30 NOV	£290,000	£273,354	6% above HPI
1998 10 FEB	£76,000	£87,350	13% below HPI

GWAVAS VEAN 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 GWAVAS VEAN sales from February 1998 and November 2012 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 1998 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2012 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might GWAVAS VEAN be worth now?

GWAVAS VEAN might now be worth an estimated £463,856.

This is based on house price inflation of 60%, between November 2012 and February 2025, 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 60% inflationary increase is applied to the most recent sale price for GWAVAS VEAN of £290,000 on 30th November 2012. For the value to have increased from £290,000 to £463,856 over the thirteen years and nine months to February 2025, the following assumptions must hold true:

• The value of GWAVAS VEAN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2012 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of GWAVAS VEAN has not materially changed since November 2012.

How Large is GWAVAS VEAN?

GWAVAS VEAN is 94m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses houses in Helston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Helston, and where GWAVAS VEAN lies on this distribution: 42% of detached houses houses are smaller than GWAVAS VEAN, and 57% of houses are larger. Note that EPC data is not available for all properties in Helston.

GWAVAS VEAN: Plot and Title Map

GWAVAS VEAN sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of GWAVAS VEAN, 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 GWAVAS VEAN). 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 GWAVAS VEAN?

GWAVAS VEAN is located in LOWERTOWN, in the TR13 postcode district. The below map shows the position of GWAVAS VEAN in LOWERTOWN.