15, WHEAL TRELAWNEY, REDRUTH, TR15 2LQ - £198,000

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.

15 WHEAL TRELAWNEY is a very small detached house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £255,714. It was last sold for £198,000 in October 2018, which was around 42% below the average October 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

15 WHEAL TRELAWNEY Sold Prices

Land registry data shows two sales for 15 WHEAL TRELAWNEY 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 WHEAL TRELAWNEY 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 11 OCT	£198,000	£341,588	42% below HPI
2005 29 JUL	£152,000	£264,077	42% below HPI

15 WHEAL TRELAWNEY 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 WHEAL TRELAWNEY sales from July 2005 and October 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 July 2005 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2018 sale, which was also at 42% below the HPI.

What might 15 WHEAL TRELAWNEY be worth now?

15 WHEAL TRELAWNEY might now be worth an estimated £255,714.

This is based on house price inflation of 29.1%, between October 2018 and March 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 29.1% inflationary increase is applied to the most recent sale price for 15 WHEAL TRELAWNEY of £198,000 on 11th October 2018. For the value to have increased from £198,000 to £255,714 over the seven years and seven months to March 2025, the following assumptions must hold true:

• The value of 15 WHEAL TRELAWNEY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2018 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WHEAL TRELAWNEY has not materially changed since October 2018.

How Large is 15 WHEAL TRELAWNEY?

15 WHEAL TRELAWNEY is 55m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% 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 15 WHEAL TRELAWNEY lies on this distribution: 4% of detached houses houses are smaller than 15 WHEAL TRELAWNEY, and 95% of houses are larger. Note that EPC data is not available for all properties in Redruth.

15 WHEAL TRELAWNEY: Plot and Title Map

15 WHEAL TRELAWNEY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 15 WHEAL TRELAWNEY, 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 WHEAL TRELAWNEY). 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 WHEAL TRELAWNEY?

15 WHEAL TRELAWNEY is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 15 on WHEAL TRELAWNEY.