11, LITTLE GREGWARTHA, FOUR LANES, REDRUTH, TR16 6LN - £220,000

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.

11 LITTLE GREGWARTHA is a very small extended detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £289,608. It was last sold for £220,000 in June 2018, which was around 34% below the average June 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

11 LITTLE GREGWARTHA Sold Prices

Land registry data shows five sales for 11 LITTLE GREGWARTHA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five 11 LITTLE GREGWARTHA 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
2018 15 JUN	£220,000	£332,141	34% below HPI
2013 22 NOV	£172,000	£282,318	39% below HPI
1998 12 NOV	£56,000	£92,806	40% below HPI
1998 25 FEB	£49,950	£87,350	43% below HPI
1997 25 APR	£47,950	£78,940	39% below HPI

11 LITTLE GREGWARTHA 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 five 11 LITTLE GREGWARTHA sales between April 1997 and June 2018 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 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2018 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 11 LITTLE GREGWARTHA be worth now?

11 LITTLE GREGWARTHA might now be worth an estimated £289,608.

This is based on house price inflation of 31.6%, between June 2018 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 31.6% inflationary increase is applied to the most recent sale price for 11 LITTLE GREGWARTHA of £220,000 on 15th June 2018. For the value to have increased from £220,000 to £289,608 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 11 LITTLE GREGWARTHA has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2018 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LITTLE GREGWARTHA has not materially changed since June 2018.

How Large is 11 LITTLE GREGWARTHA?

11 LITTLE GREGWARTHA is 60m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses houses in Four Lanes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Four Lanes, and where 11 LITTLE GREGWARTHA lies on this distribution: 13% of detached houses houses are smaller than 11 LITTLE GREGWARTHA, and 86% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

11 LITTLE GREGWARTHA: Plot and Title Map

11 LITTLE GREGWARTHA sits on a plot of roughly 67.4 acres, or 272,740m². The below map shows the location of 11 LITTLE GREGWARTHA, 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 11 LITTLE GREGWARTHA). 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 11 LITTLE GREGWARTHA?

11 LITTLE GREGWARTHA is located in FOUR LANES, in the TR16 postcode district. The below map shows the position of No. 11 on LITTLE GREGWARTHA.