THE CHALET, BATTERY HILL, PORTREATH, REDRUTH, TR16 4NR - £195,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE CHALET is a midsized detached house of 105m², built sometime between 1930 and 1949. It was last sold for £195,000 in March 2012, which was around 28% below the average March 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

THE CHALET Sold Prices

Land registry data shows two sales for THE CHALET 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 THE CHALET 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
2012 22 MAR	£195,000	£272,318	28% below HPI
2011 3 MAY	£184,000	£266,919	31% below HPI

THE CHALET 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 THE CHALET sales from May 2011 and March 2012 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 May 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2012 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is THE CHALET?

THE CHALET is 105m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses in Portreath, based on EPC data. The below chart shows the distribution of detached houses by size in Portreath, and where THE CHALET lies on this distribution: 45% of detached houses are smaller than THE CHALET, and 55% of houses are larger. Note that EPC data is not available for all properties in Portreath.

THE CHALET: Plot and Title Map

THE CHALET sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of THE CHALET, 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 THE CHALET). 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 THE CHALET?

THE CHALET is located on BATTERY HILL in PORTREATH, in the TR16 postcode district. The below map shows the position of THE CHALET on BATTERY HILL.