THE RETREAT, CLIFF ROAD, PORTHLEVEN, HELSTON, TR13 9EZ - £90,000

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 RETREAT is a very small extended detached house of 38m², built sometime between 1900 and 1929. It was last sold for £90,000 in July 2001, which was around 30% below the average July 2001 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was F.

THE RETREAT Sold Prices

Land registry data shows two sales for THE RETREAT 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 RETREAT 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
2001 30 JUL	£90,000	£128,745	30% below HPI
1998 24 JUL	£48,000	£90,125	47% below HPI

THE RETREAT 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 RETREAT sales from July 1998 and July 2001 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 July 1998 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2001 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is THE RETREAT?

THE RETREAT is 38m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% 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 RETREAT lies on this distribution: Less than 1% of detached houses are smaller than THE RETREAT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Porthleven.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of THE RETREAT, 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 RETREAT). 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 RETREAT?

THE RETREAT is located on CLIFF ROAD in PORTHLEVEN, in the TR13 postcode district. The below map shows the position of THE RETREAT on CLIFF ROAD.