SEABREAK, GREEN LANE, PORTREATH, REDRUTH, TR16 4NX - £550,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SEABREAK is a large extended detached house of 155m², built sometime between 1967 and 1975. It was last sold for £550,000 in January 2019, which was around 63% above the average January 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

SEABREAK Sold Prices

Land registry data shows two sales for SEABREAK 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 SEABREAK sales were 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
2019 30 JAN	£550,000	£336,721	63% above HPI
2010 11 JUN	£327,500	£277,907	18% above HPI

SEABREAK 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 SEABREAK sales from June 2010 and January 2019 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 June 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2019 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is SEABREAK?

SEABREAK is 155m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 30% of detached houses in Portreath, based on EPC data. The below chart shows the distribution of detached houses by size in Portreath, and where SEABREAK lies on this distribution: 74% of detached houses are smaller than SEABREAK, and 26% of houses are larger. Note that EPC data is not available for all properties in Portreath.

SEABREAK: Plot and Title Map

SEABREAK sits on a plot of roughly 0.299 of an acre, or 1,210m². The below map shows the location of SEABREAK, 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 SEABREAK). 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 SEABREAK?

SEABREAK is located on GREEN LANE in PORTREATH, in the TR16 postcode district. The below map shows the position of SEABREAK on GREEN LANE.