SILVER SEAS, TOP ROAD, DOWNDERRY, TORPOINT, PL11 3LZ - £412,000

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.

SILVER SEAS is a midsized detached house of 131m², built sometime between 1930 and 1949, which could now be worth an estimated £607,960. It was last sold for £412,000 in November 2014, which was around 39% above the average November 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

SILVER SEAS Sold Prices

Land registry data shows two sales for SILVER SEAS 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 SILVER SEAS 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
2014 5 NOV	£412,000	£296,301	39% above HPI
2002 7 OCT	£235,000	£183,410	28% above HPI

SILVER SEAS 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 SILVER SEAS sales from October 2002 and November 2014 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 2002 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2014 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might SILVER SEAS be worth now?

SILVER SEAS might now be worth an estimated £607,960.

This is based on house price inflation of 47.6%, between November 2014 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 47.6% inflationary increase is applied to the most recent sale price for SILVER SEAS of £412,000 on 5th November 2014. For the value to have increased from £412,000 to £607,960 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of SILVER SEAS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2014 sale price of £412,000 represented a fair market value for the property.
• The size, condition, and specification of SILVER SEAS has not materially changed since November 2014.

How Large is SILVER SEAS?

SILVER SEAS is 131m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 50% of detached houses houses in Downderry, based on EPC data. The below chart shows the distribution of detached houses houses by size in Downderry, and where SILVER SEAS lies on this distribution: 46% of detached houses houses are smaller than SILVER SEAS, and 54% of houses are larger. Note that EPC data is not available for all properties in Downderry.

SILVER SEAS: Plot and Title Map

SILVER SEAS sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of SILVER SEAS, 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 SILVER SEAS). 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 SILVER SEAS?

SILVER SEAS is located on TOP ROAD in DOWNDERRY, in the PL11 postcode district. The below map shows the position of SILVER SEAS on TOP ROAD.