VENTON VEAN, LOWERTOWN, HELSTON, TR13 0BY - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

VENTON VEAN is a large detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £476,170. It was last sold for £375,000 in June 2020, which was around 9% above the average June 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

VENTON VEAN Sold Prices

Land registry data shows two sales for VENTON VEAN 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 VENTON VEAN 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
2020 5 JUN	£375,000	£344,334	9% above HPI
1995 12 SEP	£81,500	£71,117	15% above HPI

VENTON VEAN 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 VENTON VEAN sales from September 1995 and June 2020 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 September 1995 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2020 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might VENTON VEAN be worth now?

VENTON VEAN might now be worth an estimated £476,170.

This is based on house price inflation of 27%, between June 2020 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27% inflationary increase is applied to the most recent sale price for VENTON VEAN of £375,000 on 5th June 2020. For the value to have increased from £375,000 to £476,170 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of VENTON VEAN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of VENTON VEAN has not materially changed since June 2020.

How Large is VENTON VEAN?

VENTON VEAN is 120m² according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses houses in Helston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Helston, and where VENTON VEAN lies on this distribution: 72% of detached houses houses are smaller than VENTON VEAN, and 27% of houses are larger. Note that EPC data is not available for all properties in Helston.

VENTON VEAN: Plot and Title Map

VENTON VEAN sits on a plot of roughly 0.240 of an acre, or 972m². The below map shows the location of VENTON VEAN, 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 VENTON VEAN). 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 VENTON VEAN?

VENTON VEAN is located in LOWERTOWN, in the TR13 postcode district. The below map shows the position of VENTON VEAN in LOWERTOWN.