2, HEANTON TERRACE, REDRUTH, TR15 2HS - £250,000

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

2 HEANTON TERRACE is a very large extended detached house of 139m², built sometime before 1900, which could now be worth an estimated £352,418. It was last sold for £250,000 in October 2015, which was around 19% below the average October 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

2 HEANTON TERRACE Sold Prices

Land registry data shows two sales for 2 HEANTON TERRACE 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 HEANTON TERRACE 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
2015 28 OCT	£250,000	£310,165	19% below HPI
2003 6 OCT	£190,000	£224,257	15% below HPI

2 HEANTON TERRACE 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 HEANTON TERRACE sales from October 2003 and October 2015 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 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2015 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 2 HEANTON TERRACE be worth now?

2 HEANTON TERRACE might now be worth an estimated £352,418.

This is based on house price inflation of 41%, between October 2015 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 41% inflationary increase is applied to the most recent sale price for 2 HEANTON TERRACE of £250,000 on 28th October 2015. For the value to have increased from £250,000 to £352,418 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 HEANTON TERRACE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2015 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEANTON TERRACE has not materially changed since October 2015.

How Large is 2 HEANTON TERRACE?

2 HEANTON TERRACE is 139m², which includes three extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redruth, and where 2 HEANTON TERRACE lies on this distribution: 86% of detached houses houses are smaller than 2 HEANTON TERRACE, and 14% of houses are larger. Note that EPC data is not available for all properties in Redruth.

2 HEANTON TERRACE: Plot and Title Map

2 HEANTON TERRACE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 2 HEANTON TERRACE, 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 HEANTON TERRACE). 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 HEANTON TERRACE?

2 HEANTON TERRACE is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 2 on HEANTON TERRACE.