10, PARK ROAD, REDRUTH, TR15 2JD - £365,000

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

10 PARK ROAD is a very large extended detached house of 128m², built sometime before 1900. It was last sold for £365,000 in June 2024, which was around 16% below the average June 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

10 PARK ROAD Sold Prices

Land registry data shows two sales for 10 PARK ROAD 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 10 PARK ROAD 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 28 JUN	£365,000	£432,038	16% below HPI
2002 22 FEB	£135,000	£146,301	8% below HPI

10 PARK ROAD 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 10 PARK ROAD sales from February 2002 and June 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 February 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2024 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 10 PARK ROAD?

10 PARK ROAD is 128m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 10 PARK ROAD lies on this distribution: 83% of detached houses are smaller than 10 PARK ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Redruth.

10 PARK ROAD: Plot and Title Map

10 PARK ROAD sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 10 PARK ROAD, 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 10 PARK ROAD). 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 10 PARK ROAD?

10 PARK ROAD is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 10 on PARK ROAD.