HIDE AWAY, THE SQUARE, PORTREATH, REDRUTH, TR16 4LA - £475,000

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

HIDE AWAY is a midsized extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £475,000 in September 2023, which was around 7% above the average September 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

HIDE AWAY Sold Prices

Land registry data shows five sales for HIDE AWAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the five HIDE AWAY 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
2023 19 SEP	£475,000	£444,914	7% above HPI
2006 27 OCT	£249,950	£279,173	10% below HPI
2005 7 NOV	£249,950	£261,758	5% below HPI
2003 14 APR	£195,000	£201,318	3% below HPI
2000 12 APR	£112,500	£108,174	4% above HPI

HIDE AWAY 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 five HIDE AWAY sales between April 2000 and September 2023 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 October 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2023 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is HIDE AWAY?

HIDE AWAY is 122m², which includes two extensions, according to the EPC inspection conducted in August 2022. 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 HIDE AWAY lies on this distribution: 55% of detached houses are smaller than HIDE AWAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Portreath.

HIDE AWAY: Plot and Title Map

HIDE AWAY sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of HIDE AWAY, 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 HIDE AWAY). 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 HIDE AWAY?

HIDE AWAY is located on THE SQUARE in PORTREATH, in the TR16 postcode district. The below map shows the position of HIDE AWAY on THE SQUARE.