1, WEST PARK, REDRUTH, TR15 3AJ - £180,000

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 WEST PARK is a large extended detached house of 120m², built sometime between 1900 and 1929, which could now be worth an estimated £248,433. It was last sold for £180,000 in August 2017, which was around 44% below the average August 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2008, where the current energy rating was E, and the potential energy rating was E.

1 WEST PARK Sold Prices

Land registry data shows three sales for 1 WEST PARK 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 WEST PARK 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
2017 14 AUG	£180,000	£321,698	44% below HPI
2005 15 JUN	£200,000	£262,718	24% below HPI
2003 15 AUG	£160,000	£218,237	27% below HPI

1 WEST PARK 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 WEST PARK sales between August 2003 and August 2017 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 June 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 1 WEST PARK be worth now?

1 WEST PARK might now be worth an estimated £248,433.

This is based on house price inflation of 38%, between August 2017 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 38% inflationary increase is applied to the most recent sale price for 1 WEST PARK of £180,000 on 14th August 2017. For the value to have increased from £180,000 to £248,433 over the six years and eight months to December 2024, the following assumptions must hold true:

• The value of 1 WEST PARK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2017 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WEST PARK has not materially changed since August 2017.

How Large is 1 WEST PARK?

1 WEST PARK is 120m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 30% 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 WEST PARK lies on this distribution: 79% of detached houses houses are smaller than 1 WEST PARK, and 21% of houses are larger. Note that EPC data is not available for all properties in Redruth.

1 WEST PARK: Plot and Title Map

1 WEST PARK sits on a plot of roughly 175.2 acres, or 708,904m². The below map shows the location of 1 WEST PARK, 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 WEST PARK). 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 WEST PARK?

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