HILLSIDE, CRAFTHOLE, TORPOINT, PL11 3BQ - £405,000

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

HILLSIDE is a very small extended detached house of 48m², built sometime before 1900. It was last sold for £405,000 in June 2022, which was around 7% below the average June 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was F.

HILLSIDE Sold Prices

Land registry data shows four sales for HILLSIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four HILLSIDE 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 1 JUN	£405,000	£434,242	7% below HPI
2021 20 SEP	£250,000	£380,638	34% below HPI
2019 10 SEP	£170,000	£343,649	51% below HPI
1999 12 JUL	£59,000	£96,437	39% below HPI

HILLSIDE 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 four HILLSIDE sales between July 1999 and June 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 September 2021 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is HILLSIDE?

HILLSIDE is 48m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Crafthole, based on EPC data. The below chart shows the distribution of detached houses by size in Crafthole, and where HILLSIDE lies on this distribution: Less than 1% of detached houses are smaller than HILLSIDE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Crafthole.

HILLSIDE: Plot and Title Map

HILLSIDE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of HILLSIDE, 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 HILLSIDE). 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 HILLSIDE?

HILLSIDE is located in CRAFTHOLE, in the PL11 postcode district. The below map shows the position of HILLSIDE in CRAFTHOLE.