16, PARK LEVEN, ILLOGAN, REDRUTH, TR16 4GA - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 PARK LEVEN is a midsized detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £395,922. It was last sold for £240,000 in August 2009, which was around 9% below the average August 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was December 2024, where the current energy rating was D, and the potential energy rating was B.

16 PARK LEVEN Sold Prices

Land registry data shows two sales for 16 PARK LEVEN 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 16 PARK LEVEN 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
2009 28 AUG	£240,000	£265,041	9% below HPI
1999 16 NOV	£95,500	£103,500	8% below HPI

16 PARK LEVEN 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 16 PARK LEVEN sales from November 1999 and August 2009 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 1999 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2009 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 16 PARK LEVEN be worth now?

16 PARK LEVEN might now be worth an estimated £395,922.

This is based on house price inflation of 65%, between August 2009 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 65% inflationary increase is applied to the most recent sale price for 16 PARK LEVEN of £240,000 on 28th August 2009. For the value to have increased from £240,000 to £395,922 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 16 PARK LEVEN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2009 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PARK LEVEN has not materially changed since August 2009.

How Large is 16 PARK LEVEN?

16 PARK LEVEN is 103m² according to the EPC inspection conducted in December 2024. This puts it in the largest 50% of detached houses houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Illogan, and where 16 PARK LEVEN lies on this distribution: 57% of detached houses houses are smaller than 16 PARK LEVEN, and 43% of houses are larger. Note that EPC data is not available for all properties in Illogan.

16 PARK LEVEN: Plot and Title Map

16 PARK LEVEN sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 16 PARK LEVEN, 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 16 PARK LEVEN). 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 16 PARK LEVEN?

16 PARK LEVEN is located in ILLOGAN, in the TR16 postcode district. The below map shows the position of No. 16 on PARK LEVEN.