1, TALGOS CLOSE, SHALLOW ADIT, REDRUTH, TR16 5UU - £315,000

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

1 TALGOS CLOSE is a midsized detached house of 90m², built sometime between 1991 and 1995. It was last sold for £315,000 in October 2023, which was around 29% below the average October 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

1 TALGOS CLOSE Sold Prices

Land registry data shows three sales for 1 TALGOS CLOSE 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. All of the three 1 TALGOS 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
2023 17 OCT	£315,000	£444,397	29% below HPI
2013 9 AUG	£215,000	£276,259	22% below HPI
2002 12 APR	£124,000	£150,782	18% below HPI

1 TALGOS 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 three 1 TALGOS CLOSE sales between April 2002 and October 2023 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 August 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 TALGOS CLOSE?

1 TALGOS CLOSE is 90m² according to the EPC inspection conducted in August 2023. This puts it in the largest 50% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 1 TALGOS CLOSE lies on this distribution: 51% of detached houses are smaller than 1 TALGOS CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Redruth.

1 TALGOS CLOSE: Plot and Title Map

1 TALGOS CLOSE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 1 TALGOS 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 TALGOS 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 TALGOS CLOSE?

1 TALGOS CLOSE is located in SHALLOW ADIT, in the TR16 postcode district. The below map shows the position of No. 1 on TALGOS CLOSE.