21, KNIGHTS WAY, MOUNT AMBROSE, REDRUTH, TR15 1NL - £162,000

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.

21 KNIGHTS WAY is a very small semi-detached house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £215,365. It was last sold for £162,000 in May 2019, which was around 25% below the average May 2019 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was D.

21 KNIGHTS WAY Sold Prices

Land registry data shows five sales for 21 KNIGHTS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the five 21 KNIGHTS WAY 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
2019 29 MAY	£162,000	£216,824	25% below HPI
2015 13 FEB	£124,950	£190,223	34% below HPI
2009 29 OCT	£133,000	£174,605	24% below HPI
2001 9 MAR	£56,000	£75,874	26% below HPI
1996 20 NOV	£36,750	£47,947	23% below HPI

21 KNIGHTS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The five 21 KNIGHTS WAY sales between November 1996 and May 2019 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 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 21 KNIGHTS WAY be worth now?

21 KNIGHTS WAY might now be worth an estimated £215,365.

This is based on house price inflation of 32.9%, between May 2019 and February 2025, for semi-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 32.9% inflationary increase is applied to the most recent sale price for 21 KNIGHTS WAY of £162,000 on 29th May 2019. For the value to have increased from £162,000 to £215,365 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 21 KNIGHTS WAY has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The May 2019 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 21 KNIGHTS WAY has not materially changed since May 2019.

How Large is 21 KNIGHTS WAY?

21 KNIGHTS WAY is 56m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of semi-detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redruth, and where 21 KNIGHTS WAY lies on this distribution: 6% of semi-detached houses houses are smaller than 21 KNIGHTS WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Redruth.

21 KNIGHTS WAY: Plot and Title Map

21 KNIGHTS WAY sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 21 KNIGHTS WAY, 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 21 KNIGHTS WAY). 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 21 KNIGHTS WAY?

21 KNIGHTS WAY is located in MOUNT AMBROSE, in the TR15 postcode district. The below map shows the position of No. 21 on KNIGHTS WAY.