1, PENHALIGON CLOSE, REDRUTH, TR15 2HN - £380,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 PENHALIGON CLOSE is a very large extended detached house of 154m², built sometime between 1983 and 1990. It was last sold for £380,000 in March 2024, which was around 13% below the average March 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

1 PENHALIGON CLOSE Sold Prices

Land registry data shows two sales for 1 PENHALIGON CLOSE 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 PENHALIGON CLOSE 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 25 MAR	£380,000	£436,033	13% below HPI
2012 27 NOV	£204,950	£273,354	25% below HPI

1 PENHALIGON CLOSE 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 PENHALIGON CLOSE sales from November 2012 and March 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 November 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 PENHALIGON CLOSE be worth now?

1 PENHALIGON CLOSE might now be worth an estimated £386,946.

This is based on house price inflation of 1.8%, between March 2024 and December 2024, 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 1.8% inflationary increase is applied to the most recent sale price for 1 PENHALIGON CLOSE of £380,000 on 25th March 2024. For the value to have increased from £380,000 to £386,946 over the three months to December 2024, the following assumptions must hold true:

• The value of 1 PENHALIGON CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The March 2024 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PENHALIGON CLOSE has not materially changed since March 2024.

How Large is 1 PENHALIGON CLOSE?

1 PENHALIGON CLOSE is 154m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% of detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redruth, and where 1 PENHALIGON CLOSE lies on this distribution: 90% of detached houses houses are smaller than 1 PENHALIGON CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Redruth.

1 PENHALIGON CLOSE: Plot and Title Map

1 PENHALIGON CLOSE sits on a plot of roughly 0.231 of an acre, or 933m². The below map shows the location of 1 PENHALIGON CLOSE, 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 PENHALIGON CLOSE). 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 PENHALIGON CLOSE?

1 PENHALIGON CLOSE is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 1 on PENHALIGON CLOSE.