17, NICHOLAS AVENUE, FOUR LANES, REDRUTH, TR16 6QF - £139,950

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

17 NICHOLAS AVENUE is a very large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £139,950 in January 2004, which was around 38% below the average January 2004 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

17 NICHOLAS AVENUE Sold Prices

Land registry data shows three sales for 17 NICHOLAS AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 17 NICHOLAS AVENUE 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
2004 30 JAN	£139,950	£226,309	38% below HPI
2002 21 AUG	£89,000	£171,027	48% below HPI
1996 21 NOV	£38,000	£75,607	50% below HPI

17 NICHOLAS AVENUE 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 three 17 NICHOLAS AVENUE sales between November 1996 and January 2004 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 August 2002 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the January 2004 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 17 NICHOLAS AVENUE?

17 NICHOLAS AVENUE is 145m², which includes three extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 10% 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 17 NICHOLAS AVENUE lies on this distribution: 96% of detached houses are smaller than 17 NICHOLAS AVENUE, and 4% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

17 NICHOLAS AVENUE: Plot and Title Map

17 NICHOLAS AVENUE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 17 NICHOLAS AVENUE, 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 17 NICHOLAS AVENUE). 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 17 NICHOLAS AVENUE?

17 NICHOLAS AVENUE is located in FOUR LANES, in the TR16 postcode district. The below map shows the position of No. 17 on NICHOLAS AVENUE.