2, ALEXANDRA CLOSE, ILLOGAN, REDRUTH, TR16 4RS - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 ALEXANDRA CLOSE is a very small detached house of 68m², built sometime between 1976 and 1982. It was last sold for £175,000 in February 2008, which was around 41% below the average February 2008 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

2 ALEXANDRA CLOSE Sold Prices

Land registry data shows two sales for 2 ALEXANDRA CLOSE 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 2 ALEXANDRA CLOSE 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
2008 4 FEB	£175,000	£296,771	41% below HPI
1999 14 JUL	£61,950	£96,437	36% below HPI

2 ALEXANDRA CLOSE 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 2 ALEXANDRA CLOSE sales from July 1999 and February 2008 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 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2008 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 ALEXANDRA CLOSE?

2 ALEXANDRA CLOSE is 68m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 20% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where 2 ALEXANDRA CLOSE lies on this distribution: 12% of detached houses are smaller than 2 ALEXANDRA CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Illogan.

2 ALEXANDRA CLOSE: Plot and Title Map

2 ALEXANDRA CLOSE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 2 ALEXANDRA CLOSE, 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 2 ALEXANDRA CLOSE). 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 2 ALEXANDRA CLOSE?

2 ALEXANDRA CLOSE is located in ILLOGAN, in the TR16 postcode district. The below map shows the position of No. 2 on ALEXANDRA CLOSE.