109, THE PADDOCK, REDRUTH, TR15 2BN - £187,000

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

109 THE PADDOCK is a very small detached house of 66m², built sometime between 1996 and 2002. It was last sold for £187,000 in April 2019, which was around 44% below the average April 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

109 THE PADDOCK Sold Prices

Land registry data shows four sales for 109 THE PADDOCK 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 109 THE PADDOCK 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
2019 8 APR	£187,000	£331,321	44% below HPI
2010 22 JAN	£165,000	£266,515	38% below HPI
2001 14 DEC	£85,050	£142,349	40% below HPI
2001 25 MAY	£72,500	£126,825	43% below HPI

109 THE PADDOCK 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 109 THE PADDOCK sales between May 2001 and April 2019 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 January 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2019 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 109 THE PADDOCK?

109 THE PADDOCK is 66m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 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 109 THE PADDOCK lies on this distribution: 16% of detached houses are smaller than 109 THE PADDOCK, and 84% of houses are larger. Note that EPC data is not available for all properties in Redruth.

109 THE PADDOCK: Plot and Title Map

109 THE PADDOCK sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 109 THE PADDOCK, 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 109 THE PADDOCK). 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 109 THE PADDOCK?

109 THE PADDOCK is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 109 on THE PADDOCK.