THRIFT HOUSE, SUNSET DRIVE, PORTHLEVEN, HELSTON, TR13 9AP - £345,000

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

THRIFT HOUSE is a midsized detached house of 98m², built sometime between 1930 and 1949. It was last sold for £345,000 in June 2017, which was around 11% above the average June 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2014, where the current energy rating was F, and the potential energy rating was C.

THRIFT HOUSE Sold Prices

Land registry data shows three sales for THRIFT HOUSE 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 THRIFT HOUSE 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
2017 12 JUN	£345,000	£311,096	11% above HPI
2008 9 APR	£280,000	£289,635	3% below HPI
2007 30 APR	£245,000	£283,992	14% below HPI

THRIFT HOUSE 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 THRIFT HOUSE sales between April 2007 and June 2017 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 April 2008 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2017 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is THRIFT HOUSE?

THRIFT HOUSE is 98m² according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses in Porthleven, based on EPC data. The below chart shows the distribution of detached houses by size in Porthleven, and where THRIFT HOUSE lies on this distribution: 57% of detached houses are smaller than THRIFT HOUSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Porthleven.

THRIFT HOUSE: Plot and Title Map

THRIFT HOUSE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of THRIFT HOUSE, 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 THRIFT HOUSE). 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 THRIFT HOUSE?

THRIFT HOUSE is located on SUNSET DRIVE in PORTHLEVEN, in the TR13 postcode district. The below map shows the position of THRIFT HOUSE on SUNSET DRIVE.