25, KNIGHTS WAY, MOUNT AMBROSE, REDRUTH, TR15 1NL - £212,500

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

25 KNIGHTS WAY is a very small extended detached house of 61m², built sometime between 1983 and 1990. It was last sold for £212,500 in August 2015, which was around 29% below the average August 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

25 KNIGHTS WAY Sold Prices

Land registry data shows two sales for 25 KNIGHTS WAY 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 25 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
2015 7 AUG	£212,500	£298,951	29% below HPI
2010 24 SEP	£174,500	£283,720	38% below HPI

25 KNIGHTS WAY 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 25 KNIGHTS WAY sales from September 2010 and August 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 September 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 25 KNIGHTS WAY?

25 KNIGHTS WAY is 61m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 25 KNIGHTS WAY lies on this distribution: 11% of detached houses are smaller than 25 KNIGHTS WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Redruth.

25 KNIGHTS WAY: Plot and Title Map

25 KNIGHTS WAY sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 25 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 25 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 25 KNIGHTS WAY?

25 KNIGHTS WAY is located in MOUNT AMBROSE, in the TR15 postcode district. The below map shows the position of No. 25 on KNIGHTS WAY.