LONG REACH, RUAN MINOR, HELSTON, TR12 7JN - £245,000

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

LONG REACH is a midsized extended detached house of 92m², built sometime between 1967 and 1975. It was last sold for £245,000 in December 2014, which was around 15% below the average December 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was D.

LONG REACH Sold Prices

Land registry data shows three sales for LONG REACH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three LONG REACH 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
2014 23 DEC	£245,000	£289,231	15% below HPI
2006 24 APR	£209,000	£263,962	21% below HPI
1999 1 JUL	£66,500	£96,437	31% below HPI

LONG REACH 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 three LONG REACH sales between July 1999 and December 2014 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 April 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is LONG REACH?

LONG REACH is 92m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses in Ruan Minor, based on EPC data. The below chart shows the distribution of detached houses by size in Ruan Minor, and where LONG REACH lies on this distribution: 47% of detached houses are smaller than LONG REACH, and 50% of houses are larger. Note that EPC data is not available for all properties in Ruan Minor.

LONG REACH: Plot and Title Map

LONG REACH sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of LONG REACH, 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 LONG REACH). 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 LONG REACH?

LONG REACH is located in RUAN MINOR, in the TR12 postcode district. The below map shows the position of LONG REACH in RUAN MINOR.