THE SURFER, GREEN LANE, PORTREATH, REDRUTH, TR16 4NX - £550,000

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 SURFER is a large detached house of 143m², built sometime between 1967 and 1975. It was last sold for £550,000 in June 2016, which was around 86% above the average June 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2011, where the current energy rating was F, and the potential energy rating was E.

THE SURFER Sold Prices

Land registry data shows two sales for THE SURFER 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 SURFER 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
2016 2 JUN	£550,000	£295,169	86% above HPI
1997 21 FEB	£115,000	£77,551	48% above HPI

THE SURFER 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 SURFER sales from February 1997 and June 2016 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 1997 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the June 2016 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

How Large is THE SURFER?

THE SURFER is 143m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% 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 SURFER lies on this distribution: 65% of detached houses are smaller than THE SURFER, and 35% of houses are larger. Note that EPC data is not available for all properties in Portreath.

THE SURFER: Plot and Title Map

THE SURFER sits on a plot of roughly 0.287 of an acre, or 1,163m². The below map shows the location of THE SURFER, 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 SURFER). 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 SURFER?

THE SURFER is located on GREEN LANE in PORTREATH, in the TR16 postcode district. The below map shows the position of THE SURFER on GREEN LANE.