21, THE PADDOCK, REDRUTH, TR15 2AG - £210,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

21 THE PADDOCK is a small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £210,000 in April 2017, which was around 33% below the average April 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

21 THE PADDOCK Sold Prices

Land registry data shows three sales for 21 THE PADDOCK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 21 THE PADDOCK 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 13 APR	£210,000	£311,432	33% below HPI
2003 9 JAN	£139,950	£196,316	29% below HPI
1998 6 MAY	£65,950	£87,601	25% below HPI

21 THE PADDOCK 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 three 21 THE PADDOCK sales between May 1998 and April 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 2003 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the April 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 21 THE PADDOCK?

21 THE PADDOCK is 78m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 40% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 21 THE PADDOCK lies on this distribution: 36% of detached houses are smaller than 21 THE PADDOCK, and 63% of houses are larger. Note that EPC data is not available for all properties in Redruth.

21 THE PADDOCK: Plot and Title Map

21 THE PADDOCK sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 21 THE PADDOCK, 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 THE PADDOCK). 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 THE PADDOCK?

21 THE PADDOCK is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 21 on THE PADDOCK.