2, CENTRAL COURT, FOUR LANES, REDRUTH, TR16 6AD - £150,000

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

2 CENTRAL COURT is a large detached house of 94m², built sometime between 2003 and 2006. It was last sold for £150,000 in January 2006, which was around 42% below the average January 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

2 CENTRAL COURT Sold Prices

Land registry data shows two sales for 2 CENTRAL COURT 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 CENTRAL COURT 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
2006 10 JAN	£150,000	£257,144	42% below HPI
1997 25 OCT	£23,000	£85,085	73% below HPI

2 CENTRAL COURT 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 CENTRAL COURT sales from October 1997 and January 2006 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 1997 sale was for 73% below the HPI. So the extrapolation line tracks at 73% below the HPI over time, until the January 2006 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 CENTRAL COURT?

2 CENTRAL COURT is 94m² according to the EPC inspection conducted in September 2022. This puts it in the largest 40% 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 2 CENTRAL COURT lies on this distribution: 65% of detached houses are smaller than 2 CENTRAL COURT, and 32% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

2 CENTRAL COURT: Plot and Title Map

2 CENTRAL COURT sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 2 CENTRAL COURT, 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 CENTRAL COURT). 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 CENTRAL COURT?

2 CENTRAL COURT is located in FOUR LANES, in the TR16 postcode district. The below map shows the position of No. 2 on CENTRAL COURT.