RIVER VIEW, SOUTHDOWN, MILLBROOK, TORPOINT, PL10 1EZ - £725,000

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

RIVER VIEW is a very large extended detached house of 171m², built sometime between 1930 and 1949. It was last sold for £725,000 in January 2024, which was around 67% above the average January 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

RIVER VIEW Sold Prices

Land registry data shows two sales for RIVER VIEW 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 RIVER VIEW 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
2024 24 JAN	£725,000	£433,478	67% above HPI
1996 5 JUL	£65,000	£71,408	9% below HPI

RIVER VIEW 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 RIVER VIEW sales from July 1996 and January 2024 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 July 1996 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2024 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is RIVER VIEW?

RIVER VIEW is 171m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 20% of detached houses in Millbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Millbrook, and where RIVER VIEW lies on this distribution: 89% of detached houses are smaller than RIVER VIEW, and 10% of houses are larger. Note that EPC data is not available for all properties in Millbrook.

RIVER VIEW: Plot and Title Map

RIVER VIEW sits on a plot of roughly 0.229 of an acre, or 929m². The below map shows the location of RIVER VIEW, 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 RIVER VIEW). 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 RIVER VIEW?

RIVER VIEW is located on SOUTHDOWN in MILLBROOK, in the PL10 postcode district. The below map shows the position of RIVER VIEW on SOUTHDOWN.