1, TRESAVEAN HILL, LANNER MOOR, REDRUTH, TR16 6JQ - £290,000

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 TRESAVEAN HILL is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £286,018. It was last sold for £290,000 in July 2022, which was around 35% below the average July 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2018, where the current energy rating was F, and the potential energy rating was C.

1 TRESAVEAN HILL Sold Prices

Land registry data shows four sales for 1 TRESAVEAN HILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 1 TRESAVEAN HILL 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
2022 4 JUL	£290,000	£443,318	35% below HPI
2018 9 NOV	£208,000	£344,543	40% below HPI
2005 26 AUG	£180,000	£263,688	32% below HPI
2002 31 MAY	£122,000	£157,046	22% below HPI

1 TRESAVEAN HILL 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 four 1 TRESAVEAN HILL sales between May 2002 and July 2022 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 2018 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 1 TRESAVEAN HILL be worth now?

1 TRESAVEAN HILL might now be worth an estimated £286,018.

This is based on house price deflation of 1.4%, between July 2022 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 1.4% deflationary decrease is applied to the most recent sale price for 1 TRESAVEAN HILL of £290,000 on 4th July 2022. For the value to have decreased from £290,000 to £286,018 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 1 TRESAVEAN HILL has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TRESAVEAN HILL has not materially changed since July 2022.

How Large is 1 TRESAVEAN HILL?

1 TRESAVEAN HILL is 66m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 20% of detached houses houses in Lanner, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lanner, and where 1 TRESAVEAN HILL lies on this distribution: 15% of detached houses houses are smaller than 1 TRESAVEAN HILL, and 83% of houses are larger. Note that EPC data is not available for all properties in Lanner.

1 TRESAVEAN HILL: Plot and Title Map

1 TRESAVEAN HILL sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 1 TRESAVEAN HILL, 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 TRESAVEAN HILL). 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 TRESAVEAN HILL?

1 TRESAVEAN HILL is located in LANNER MOOR, in the TR16 postcode district. The below map shows the position of No. 1 on TRESAVEAN HILL.