SPINDRIFT, NORTH CORNER, COVERACK, HELSTON, TR12 6TF - £1,180,000

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

SPINDRIFT is a large detached house of 169m², built sometime between 1950 and 1966. It was last sold for £1,180,000 in March 2010, which was around 331% above the average March 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

SPINDRIFT Sold Prices

Land registry data shows two sales for SPINDRIFT 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 SPINDRIFT 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
2010 25 MAR	£1,180,000	£273,789	331% above HPI
2003 19 FEB	£380,500	£197,969	92% above HPI

SPINDRIFT 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 SPINDRIFT sales from February 2003 and March 2010 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 February 2003 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the March 2010 sale, where it rises to 331% above the HPI. The line then continues to track at 331% above the HPI.

How Large is SPINDRIFT?

SPINDRIFT is 169m² according to the EPC inspection conducted in July 2009. This puts it in the largest 30% of detached houses in Coverack, based on EPC data. The below chart shows the distribution of detached houses by size in Coverack, and where SPINDRIFT lies on this distribution: 74% of detached houses are smaller than SPINDRIFT, and 26% of houses are larger. Note that EPC data is not available for all properties in Coverack.

SPINDRIFT: Plot and Title Map

SPINDRIFT sits on a plot of roughly 0.281 of an acre, or 1,138m². The below map shows the location of SPINDRIFT, 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 SPINDRIFT). 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 SPINDRIFT?

SPINDRIFT is located on NORTH CORNER in COVERACK, in the TR12 postcode district. The below map shows the position of SPINDRIFT on NORTH CORNER.