TREVESSA, SEA FRONT, PORTREATH, REDRUTH, TR16 4NN - £265,000

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

TREVESSA is a very large detached house of 185m², built sometime between 1976 and 1982. It was last sold for £265,000 in August 2024, which was around 38% below the average August 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was C.

TREVESSA Sold Prices

Land registry data shows two sales for TREVESSA 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 TREVESSA 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
2024 8 AUG	£265,000	£430,046	38% below HPI
2015 1 JUL	£225,000	£297,102	24% below HPI

TREVESSA 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 TREVESSA sales from July 2015 and August 2024 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 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2024 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is TREVESSA?

TREVESSA is 185m² according to the EPC inspection conducted in April 2024. This puts it in the largest 20% of detached houses in Portreath, based on EPC data. The below chart shows the distribution of detached houses by size in Portreath, and where TREVESSA lies on this distribution: 82% of detached houses are smaller than TREVESSA, and 18% of houses are larger. Note that EPC data is not available for all properties in Portreath.

TREVESSA: Plot and Title Map

TREVESSA sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of TREVESSA, 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 TREVESSA). 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 TREVESSA?

TREVESSA is located on SEA FRONT in PORTREATH, in the TR16 postcode district. The below map shows the position of TREVESSA on SEA FRONT.