2, HIGHER MOUNT AMBROSE LANE, MOUNT AMBROSE, REDRUTH, TR15 1RD - £265,000

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 HIGHER MOUNT AMBROSE LANE is a large detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £351,470. It was last sold for £265,000 in October 2017, which was around 20% below the average October 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

2 HIGHER MOUNT AMBROSE LANE Sold Prices

Land registry data shows two sales for 2 HIGHER MOUNT AMBROSE LANE 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 HIGHER MOUNT AMBROSE LANE 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
2017 6 OCT	£265,000	£329,662	20% below HPI
1998 30 JAN	£51,000	£87,811	42% below HPI

2 HIGHER MOUNT AMBROSE LANE 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 HIGHER MOUNT AMBROSE LANE sales from January 1998 and October 2017 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 January 1998 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 HIGHER MOUNT AMBROSE LANE be worth now?

2 HIGHER MOUNT AMBROSE LANE might now be worth an estimated £351,470.

This is based on house price inflation of 32.6%, between October 2017 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 32.6% inflationary increase is applied to the most recent sale price for 2 HIGHER MOUNT AMBROSE LANE of £265,000 on 6th October 2017. For the value to have increased from £265,000 to £351,470 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 HIGHER MOUNT AMBROSE LANE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2017 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HIGHER MOUNT AMBROSE LANE has not materially changed since October 2017.

How Large is 2 HIGHER MOUNT AMBROSE LANE?

2 HIGHER MOUNT AMBROSE LANE is 107m² according to the EPC inspection conducted in March 2014. This puts it in the largest 40% 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 HIGHER MOUNT AMBROSE LANE lies on this distribution: 69% of detached houses houses are smaller than 2 HIGHER MOUNT AMBROSE LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Redruth.

2 HIGHER MOUNT AMBROSE LANE: Plot and Title Map

2 HIGHER MOUNT AMBROSE LANE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 2 HIGHER MOUNT AMBROSE LANE, 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 HIGHER MOUNT AMBROSE LANE). 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 HIGHER MOUNT AMBROSE LANE?

2 HIGHER MOUNT AMBROSE LANE is located in MOUNT AMBROSE, in the TR15 postcode district. The below map shows the position of No. 2 on HIGHER MOUNT AMBROSE LANE.