18, LOWER REDANNICK, TRURO, TR1 2JW - £210,000

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

18 LOWER REDANNICK is a small detached house of 90m², built sometime between 1900 and 1929. It was last sold for £210,000 in October 2013, which was around 26% below the average October 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

18 LOWER REDANNICK Sold Prices

Land registry data shows two sales for 18 LOWER REDANNICK 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 18 LOWER REDANNICK 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
2013 4 OCT	£210,000	£281,992	26% below HPI
2002 16 OCT	£160,000	£183,410	13% below HPI

18 LOWER REDANNICK 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 18 LOWER REDANNICK sales from October 2002 and October 2013 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 October 2002 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 18 LOWER REDANNICK be worth now?

18 LOWER REDANNICK might now be worth an estimated £330,650.

This is based on house price inflation of 57.5%, between October 2013 and December 2024, 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 57.5% inflationary increase is applied to the most recent sale price for 18 LOWER REDANNICK of £210,000 on 4th October 2013. For the value to have increased from £210,000 to £330,650 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 18 LOWER REDANNICK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2013 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 18 LOWER REDANNICK has not materially changed since October 2013.

How Large is 18 LOWER REDANNICK?

18 LOWER REDANNICK is 90m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 30% of detached houses houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where 18 LOWER REDANNICK lies on this distribution: 23% of detached houses houses are smaller than 18 LOWER REDANNICK, and 77% of houses are larger. Note that EPC data is not available for all properties in Truro.

18 LOWER REDANNICK: Plot and Title Map

18 LOWER REDANNICK sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 18 LOWER REDANNICK, 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 LOWER REDANNICK). 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 LOWER REDANNICK?

18 LOWER REDANNICK is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 18 on LOWER REDANNICK.