SEAWAYS, WINDMILL, PADSTOW, PL28 8RZ - £224,000

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.

SEAWAYS is a very small detached house of 93m², built sometime between 1930 and 1949, which could now be worth an estimated £436,730. It was last sold for £224,000 in October 2003, which was about the average October 2003 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

SEAWAYS Sold Prices

Land registry data shows two sales for SEAWAYS 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 SEAWAYS sales was roughly equal to 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
2003 27 OCT	£224,000	£224,257	Close to HPI
1998 26 OCT	£86,000	£92,584	7% below HPI

SEAWAYS 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 SEAWAYS sales from October 1998 and October 2003 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 October 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2003 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might SEAWAYS be worth now?

SEAWAYS might now be worth an estimated £436,730.

This is based on house price inflation of 95%, between October 2003 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 95% inflationary increase is applied to the most recent sale price for SEAWAYS of £224,000 on 27th October 2003. For the value to have increased from £224,000 to £436,730 over the 22 years and eight months to February 2025, the following assumptions must hold true:

• The value of SEAWAYS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2003 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of SEAWAYS has not materially changed since October 2003.

How Large is SEAWAYS?

SEAWAYS is 93m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 20% of detached houses houses in Trevone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Trevone, and where SEAWAYS lies on this distribution: 19% of detached houses houses are smaller than SEAWAYS, and 79% of houses are larger. Note that EPC data is not available for all properties in Trevone.

SEAWAYS: Plot and Title Map

SEAWAYS sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of SEAWAYS, 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 SEAWAYS). 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 SEAWAYS?

SEAWAYS is located in WINDMILL, in the PL28 postcode district. The below map shows the position of SEAWAYS in WINDMILL.