15, BORGWITHA ESTATE, FOUR LANES, REDRUTH, TR16 6QG - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 BORGWITHA ESTATE is a large extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £350,000 in April 2024, which was around 18% below the average April 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

15 BORGWITHA ESTATE Sold Prices

Land registry data shows two sales for 15 BORGWITHA ESTATE 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 15 BORGWITHA ESTATE 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 19 APR	£350,000	£425,513	18% below HPI
2012 13 JAN	£125,000	£269,821	54% below HPI

15 BORGWITHA ESTATE 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 15 BORGWITHA ESTATE sales from January 2012 and April 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 January 2012 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the April 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 15 BORGWITHA ESTATE?

15 BORGWITHA ESTATE is 97m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 30% of detached houses in Four Lanes, based on EPC data. The below chart shows the distribution of detached houses by size in Four Lanes, and where 15 BORGWITHA ESTATE lies on this distribution: 71% of detached houses are smaller than 15 BORGWITHA ESTATE, and 29% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

15 BORGWITHA ESTATE: Plot and Title Map

15 BORGWITHA ESTATE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 15 BORGWITHA ESTATE, 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 15 BORGWITHA ESTATE). 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 15 BORGWITHA ESTATE?

15 BORGWITHA ESTATE is located in FOUR LANES, in the TR16 postcode district. The below map shows the position of No. 15 on BORGWITHA ESTATE.