2, ALEXANDRA CLOSE, ILLOGAN, REDRUTH, TR16 4RS - £299,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ALEXANDRA CLOSE is a very small detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £293,989. It was last sold for £299,950 in November 2024, which was around 33% below the average November 2024 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 three sales for 2 ALEXANDRA CLOSE 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 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
2024 19 NOV	£299,950	£446,097	33% below HPI
2008 4 FEB	£175,000	£301,446	42% below HPI
1999 14 JUL	£61,950	£97,957	37% 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 three 2 ALEXANDRA CLOSE sales between July 1999 and November 2024 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 February 2008 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 ALEXANDRA CLOSE be worth now?

2 ALEXANDRA CLOSE might now be worth an estimated £293,989.

This is based on house price deflation of 2%, between November 2024 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 2% deflationary decrease is applied to the most recent sale price for 2 ALEXANDRA CLOSE of £299,950 on 19th November 2024. For the value to have decreased from £299,950 to £293,989 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 2 ALEXANDRA CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2024 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 2 ALEXANDRA CLOSE has not materially changed since November 2024.

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 houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Illogan, and where 2 ALEXANDRA CLOSE lies on this distribution: 12% of detached houses 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 0.086 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.