PAINTERS LIGHT, TRERICE PLACE, ST IVES, TR26 1AT - £225,000

Based on the April 2024 Price Paid Data (released on 30 May 2024), the March 2024 House Price Index (released on 22 May 2024), and the April 2024 Energy Performance of Buildings Data (released on 21 May 2024). Sources

PAINTERS LIGHT is a small semi-detached house of 100m², built sometime between 2003 and 2006. It was last sold for £225,000 in May 2015, which was around 24% below the average May 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

PAINTERS LIGHT Sold Prices

Land registry data shows two sales for PAINTERS LIGHT 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. Both of the two PAINTERS LIGHT 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
2015 29 MAY	£225,000	£295,858	24% below HPI
2003 1 SEP	£170,000	£218,085	22% below HPI

PAINTERS LIGHT 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 PAINTERS LIGHT sales from September 2003 and May 2015 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 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is PAINTERS LIGHT?

PAINTERS LIGHT is 100m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses in St Ives, based on EPC data. The below chart shows the distribution of detached houses by size in St Ives, and where PAINTERS LIGHT lies on this distribution: 25% of detached houses are smaller than PAINTERS LIGHT, and 75% of houses are larger. Note that EPC data is not available for all properties in St Ives.

PAINTERS LIGHT: Plot and Title Map

PAINTERS LIGHT sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of PAINTERS LIGHT, 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 PAINTERS LIGHT). 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 PAINTERS LIGHT?

PAINTERS LIGHT is located on TRERICE PLACE in ST. IVES, in the TR26 postcode district. The below map shows the position of PAINTERS LIGHT on TRERICE PLACE.