THE NEST, PEVERELL TERRACE, PORTHLEVEN, HELSTON, TR13 9DZ - £523,000

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

THE NEST is a large detached house of 125m², built sometime between 1900 and 1929. It was last sold for £523,000 in January 2021, which was around 39% above the average January 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

THE NEST Sold Prices

Land registry data shows three sales for THE NEST 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. One of the three THE NEST sales was for above the average price, whilst two 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
2021 25 JAN	£523,000	£377,341	39% above HPI
2002 17 MAY	£120,000	£154,610	22% below HPI
1998 2 APR	£62,000	£86,256	28% below HPI

THE NEST 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 THE NEST sales between April 1998 and January 2021 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 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2021 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is THE NEST?

THE NEST is 125m² according to the EPC inspection conducted in January 2018. This puts it in the largest 30% of detached houses in Porthleven, based on EPC data. The below chart shows the distribution of detached houses by size in Porthleven, and where THE NEST lies on this distribution: 77% of detached houses are smaller than THE NEST, and 23% of houses are larger. Note that EPC data is not available for all properties in Porthleven.

THE NEST: Plot and Title Map

THE NEST sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of THE NEST, 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 NEST). 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 NEST?

THE NEST is located on PEVERELL TERRACE in PORTHLEVEN, in the TR13 postcode district. The below map shows the position of THE NEST on PEVERELL TERRACE.