HILLCREST, GREEN LANE, PORTREATH, REDRUTH, TR16 4NX - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HILLCREST is a small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £340,000 in July 2017, which was around 9% above the average July 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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
2017 3 JUL	£340,000	£312,780	9% above HPI
2002 12 JUN	£129,000	£158,774	19% below HPI

HILLCREST 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 HILLCREST sales from June 2002 and July 2017 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 June 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2017 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is HILLCREST?

HILLCREST is 86m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in Portreath, based on EPC data. The below chart shows the distribution of detached houses by size in Portreath, and where HILLCREST lies on this distribution: 35% of detached houses are smaller than HILLCREST, and 65% of houses are larger. Note that EPC data is not available for all properties in Portreath.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.175 of an acre, or 709m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on GREEN LANE in PORTREATH, in the TR16 postcode district. The below map shows the position of HILLCREST on GREEN LANE.