SEA CURE, BEACON TERRACE, THE LIZARD, HELSTON, TR12 7PB - £237,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

SEA CURE is a small extended detached house of 100m², built sometime between 1930 and 1949, which could now be worth an estimated £269,946. It was last sold for £237,500 in February 2021, which was around 38% below the average February 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

SEA CURE Sold Prices

Land registry data shows three sales for SEA CURE 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 SEA CURE 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
2021 12 FEB	£237,500	£384,678	38% below HPI
2006 26 MAY	£205,000	£272,057	25% below HPI
1997 28 APR	£54,750	£78,940	31% below HPI

SEA CURE 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 SEA CURE sales between April 1997 and February 2021 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 May 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might SEA CURE be worth now?

SEA CURE might now be worth an estimated £269,946.

This is based on house price inflation of 13.7%, between February 2021 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for SEA CURE of £237,500 on 12th February 2021. For the value to have increased from £237,500 to £269,946 over the four years to February 2025, the following assumptions must hold true:

• The value of SEA CURE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2021 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of SEA CURE has not materially changed since February 2021.

How Large is SEA CURE?

SEA CURE is 100m², which includes four extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of detached houses houses in Lizard, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lizard, and where SEA CURE lies on this distribution: 34% of detached houses houses are smaller than SEA CURE, and 65% of houses are larger. Note that EPC data is not available for all properties in Lizard.

SEA CURE: Plot and Title Map

SEA CURE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of SEA CURE, 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 SEA CURE). 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 SEA CURE?

SEA CURE is located on BEACON TERRACE in THE LIZARD, in the TR12 postcode district. The below map shows the position of SEA CURE on BEACON TERRACE.