1, LOWER REDANNICK, TRURO, TR1 2JW - £210,000

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.

1 LOWER REDANNICK is a very small extended detached house of 51m², built sometime between 1950 and 1966, which could now be worth an estimated £294,128. It was last sold for £210,000 in March 2016, which was around 33% below the average March 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

1 LOWER REDANNICK Sold Prices

Land registry data shows two sales for 1 LOWER REDANNICK 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 1 LOWER REDANNICK 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
2016 21 MAR	£210,000	£312,172	33% below HPI
1999 4 NOV	£76,000	£103,500	27% below HPI

1 LOWER REDANNICK 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 1 LOWER REDANNICK sales from November 1999 and March 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 November 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 LOWER REDANNICK be worth now?

1 LOWER REDANNICK might now be worth an estimated £294,128.

This is based on house price inflation of 40.1%, between March 2016 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 40.1% inflationary increase is applied to the most recent sale price for 1 LOWER REDANNICK of £210,000 on 21st March 2016. For the value to have increased from £210,000 to £294,128 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 1 LOWER REDANNICK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2016 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LOWER REDANNICK has not materially changed since March 2016.

How Large is 1 LOWER REDANNICK?

1 LOWER REDANNICK is 51m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of detached houses houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where 1 LOWER REDANNICK lies on this distribution: Less than 1% of detached houses houses are smaller than 1 LOWER REDANNICK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Truro.

1 LOWER REDANNICK: Plot and Title Map

1 LOWER REDANNICK sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 1 LOWER REDANNICK, 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 1 LOWER REDANNICK). 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 1 LOWER REDANNICK?

1 LOWER REDANNICK is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 1 on LOWER REDANNICK.