24, THE PADDOCK, REDRUTH, TR15 2AG - £217,500

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

24 THE PADDOCK is a very small detached house of 51m², built sometime between 1996 and 2002. It was last sold for £217,500 in August 2020, which was around 38% below the average August 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

24 THE PADDOCK Sold Prices

Land registry data shows two sales for 24 THE PADDOCK 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 24 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
2020 14 AUG	£217,500	£348,820	38% below HPI
1999 11 MAR	£52,950	£93,565	43% below HPI

24 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 two 24 THE PADDOCK sales from March 1999 and August 2020 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 March 1999 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2020 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 24 THE PADDOCK?

24 THE PADDOCK is 51m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 24 THE PADDOCK lies on this distribution: 1% of detached houses are smaller than 24 THE PADDOCK, and 98% of houses are larger. Note that EPC data is not available for all properties in Redruth.

24 THE PADDOCK: Plot and Title Map

24 THE PADDOCK sits on a plot of roughly 0.054 of an acre, or 221m². The below map shows the location of 24 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 24 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 24 THE PADDOCK?

24 THE PADDOCK is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 24 on THE PADDOCK.