23, EAST PARK, REDRUTH, TR15 2DP - £180,000

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

23 EAST PARK is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £180,000 in July 2015, which was around 40% below the average July 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

23 EAST PARK Sold Prices

Land registry data shows two sales for 23 EAST PARK 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 23 EAST PARK 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 3 JUL	£180,000	£301,783	40% below HPI
1998 30 JAN	£45,000	£87,811	49% below HPI

23 EAST PARK 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 23 EAST PARK sales from January 1998 and July 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 January 1998 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the July 2015 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 23 EAST PARK be worth now?

23 EAST PARK might now be worth an estimated £264,828.

This is based on house price inflation of 47.1%, between July 2015 and December 2024, 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 47.1% inflationary increase is applied to the most recent sale price for 23 EAST PARK of £180,000 on 3rd July 2015. For the value to have increased from £180,000 to £264,828 over the eight years and seven months to December 2024, the following assumptions must hold true:

• The value of 23 EAST PARK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The July 2015 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 23 EAST PARK has not materially changed since July 2015.

How Large is 23 EAST PARK?

23 EAST PARK is 55m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% 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 23 EAST PARK lies on this distribution: 4% of detached houses houses are smaller than 23 EAST PARK, and 95% of houses are larger. Note that EPC data is not available for all properties in Redruth.

23 EAST PARK: Plot and Title Map

23 EAST PARK sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 23 EAST PARK, 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 23 EAST PARK). 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 23 EAST PARK?

23 EAST PARK is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 23 on EAST PARK.