20, REDANNICK LANE, TRURO, TR1 2JR - £300,000

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

20 REDANNICK LANE is a small detached house of 93m², built sometime between 1930 and 1949. It was last sold for £300,000 in March 2022, which was around 29% below the average March 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

20 REDANNICK LANE Sold Prices

Land registry data shows two sales for 20 REDANNICK 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 20 REDANNICK 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
2022 4 MAR	£300,000	£423,857	29% below HPI
2002 16 APR	£110,000	£150,782	27% below HPI

20 REDANNICK 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 20 REDANNICK LANE sales from April 2002 and March 2022 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 April 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 20 REDANNICK LANE?

20 REDANNICK LANE is 93m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 20 REDANNICK LANE lies on this distribution: 26% of detached houses are smaller than 20 REDANNICK LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Truro.

20 REDANNICK LANE: Plot and Title Map

20 REDANNICK LANE sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of 20 REDANNICK 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 20 REDANNICK 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 20 REDANNICK LANE?

20 REDANNICK LANE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 20 on REDANNICK LANE.