18, LOWARTHOW MARGHAS, REDRUTH, TR15 2DZ - £232,500

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

18 LOWARTHOW MARGHAS is a midsized detached house of 86m², built sometime from 2007 onwards. It was last sold for £232,500 in April 2017, which was around 25% below the average April 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

18 LOWARTHOW MARGHAS Sold Prices

Land registry data shows four sales for 18 LOWARTHOW MARGHAS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 18 LOWARTHOW MARGHAS 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
2017 7 APR	£232,500	£311,432	25% below HPI
2013 6 DEC	£203,500	£275,187	26% below HPI
2009 2 OCT	£210,000	£260,752	19% below HPI
2008 10 SEP	£75,000	£283,002	73% below HPI

18 LOWARTHOW MARGHAS 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 four 18 LOWARTHOW MARGHAS sales between September 2008 and April 2017 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 December 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 18 LOWARTHOW MARGHAS?

18 LOWARTHOW MARGHAS is 86m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 50% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 18 LOWARTHOW MARGHAS lies on this distribution: 47% of detached houses are smaller than 18 LOWARTHOW MARGHAS, and 52% of houses are larger. Note that EPC data is not available for all properties in Redruth.

18 LOWARTHOW MARGHAS: Plot and Title Map

18 LOWARTHOW MARGHAS sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 18 LOWARTHOW MARGHAS, 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 18 LOWARTHOW MARGHAS). 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 18 LOWARTHOW MARGHAS?

18 LOWARTHOW MARGHAS is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 18 on LOWARTHOW MARGHAS.