SOLVIA, CROSS STREET, HELSTON, TR13 8NQ - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SOLVIA is a very small extended detached house of 56m², built sometime between 1950 and 1966. It was last sold for £190,000 in July 2011, which was around 29% below the average July 2011 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was A.

SOLVIA Sold Prices

Land registry data shows two sales for SOLVIA 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 SOLVIA sales were 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
2011 6 JUL	£190,000	£267,873	29% below HPI
2008 11 DEC	£150,000	£260,474	42% below HPI

SOLVIA 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 SOLVIA sales from December 2008 and July 2011 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 December 2008 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2011 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is SOLVIA?

SOLVIA is 56m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses in Helston, based on EPC data. The below chart shows the distribution of detached houses by size in Helston, and where SOLVIA lies on this distribution: 2% of detached houses are smaller than SOLVIA, and 98% of houses are larger. Note that EPC data is not available for all properties in Helston.

SOLVIA: Plot and Title Map

SOLVIA sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of SOLVIA, 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 SOLVIA). 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 SOLVIA?

SOLVIA is located on CROSS STREET in HELSTON, in the TR13 postcode district. The below map shows the position of SOLVIA on CROSS STREET.