SILVERSEAS, CLIFF ROAD, GORRAN HAVEN, ST AUSTELL, PL26 6JW - £470,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SILVERSEAS is a very large extended detached house of 238m², built sometime between 1930 and 1949, which could now be worth an estimated £774,353. It was last sold for £470,000 in November 2004, which was around 77% above the average November 2004 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

SILVERSEAS Sold Prices

Land registry data shows three sales for SILVERSEAS 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 SILVERSEAS 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
2004 17 NOV	£470,000	£265,381	77% above HPI
2003 10 OCT	£445,000	£224,257	98% above HPI
1996 4 OCT	£140,000	£76,556	83% above HPI

SILVERSEAS 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 SILVERSEAS sales between October 1996 and November 2004 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 2003 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the November 2004 sale, where it falls to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might SILVERSEAS be worth now?

SILVERSEAS might now be worth an estimated £774,353.

This is based on house price inflation of 64.8%, between November 2004 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 64.8% inflationary increase is applied to the most recent sale price for SILVERSEAS of £470,000 on 17th November 2004. For the value to have increased from £470,000 to £774,353 over the 21 years and nine months to February 2025, the following assumptions must hold true:

• The value of SILVERSEAS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2004 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of SILVERSEAS has not materially changed since November 2004.

How Large is SILVERSEAS?

SILVERSEAS is 238m², which includes two extensions, according to the EPC inspection conducted in February 2011. This puts it in the largest 10% of detached houses houses in Gorran Haven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gorran Haven, and where SILVERSEAS lies on this distribution: 97% of detached houses houses are smaller than SILVERSEAS, and 3% of houses are larger. Note that EPC data is not available for all properties in Gorran Haven.

SILVERSEAS: Plot and Title Map

SILVERSEAS sits on a plot of roughly 0.348 of an acre, or 1,410m². The below map shows the location of SILVERSEAS, 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 SILVERSEAS). 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 SILVERSEAS?

SILVERSEAS is located on CLIFF ROAD in GORRAN HAVEN, in the PL26 postcode district. The below map shows the position of SILVERSEAS on CLIFF ROAD.