SEA REACH, NEW ROAD, PERRANPORTH, TR6 0DL - £250,000

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 REACH is a very small detached house of 95m², built sometime between 1983 and 1990, which could now be worth an estimated £386,476. It was last sold for £250,000 in September 2013, which was around 12% below the average September 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was E.

SEA REACH Sold Prices

Land registry data shows two sales for SEA REACH 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 SEA REACH sales was for below the average price, whilst the other was for above 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
2013 20 SEP	£250,000	£282,832	12% below HPI
2000 10 MAR	£113,500	£106,842	6% above HPI

SEA 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 two SEA REACH sales from March 2000 and September 2013 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 March 2000 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2013 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might SEA REACH be worth now?

SEA REACH might now be worth an estimated £386,476.

This is based on house price inflation of 54.6%, between September 2013 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 54.6% inflationary increase is applied to the most recent sale price for SEA REACH of £250,000 on 20th September 2013. For the value to have increased from £250,000 to £386,476 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of SEA REACH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of SEA REACH has not materially changed since September 2013.

How Large is SEA REACH?

SEA REACH is 95m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses houses in Perranporth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Perranporth, and where SEA REACH lies on this distribution: 19% of detached houses houses are smaller than SEA REACH, and 81% of houses are larger. Note that EPC data is not available for all properties in Perranporth.

SEA REACH: Plot and Title Map

SEA REACH sits on a plot of roughly 0.223 of an acre, or 901m². The below map shows the location of SEA 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 SEA 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 SEA REACH?

SEA REACH is located on NEW ROAD in PERRANPORTH, in the TR6 postcode district. The below map shows the position of SEA REACH on NEW ROAD.