28, COLEBROOK CLOSE, REDRUTH, TR15 1DW - £270,000

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.

28 COLEBROOK CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £308,001. It was last sold for £270,000 in January 2021, which was around 30% below the average January 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was B.

28 COLEBROOK CLOSE Sold Prices

Land registry data shows three sales for 28 COLEBROOK CLOSE 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 28 COLEBROOK CLOSE 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
2021 29 JAN	£270,000	£383,286	30% below HPI
2012 23 NOV	£160,000	£273,354	41% below HPI
2000 27 JAN	£75,500	£104,965	28% below HPI

28 COLEBROOK CLOSE 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 28 COLEBROOK CLOSE sales between January 2000 and January 2021 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 November 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the January 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 28 COLEBROOK CLOSE be worth now?

28 COLEBROOK CLOSE might now be worth an estimated £308,001.

This is based on house price inflation of 14.1%, between January 2021 and February 2025, 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 14.1% inflationary increase is applied to the most recent sale price for 28 COLEBROOK CLOSE of £270,000 on 29th January 2021. For the value to have increased from £270,000 to £308,001 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 28 COLEBROOK CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 28 COLEBROOK CLOSE has not materially changed since January 2021.

How Large is 28 COLEBROOK CLOSE?

28 COLEBROOK CLOSE is 64m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% 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 28 COLEBROOK CLOSE lies on this distribution: 13% of detached houses houses are smaller than 28 COLEBROOK CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Redruth.

28 COLEBROOK CLOSE: Plot and Title Map

28 COLEBROOK CLOSE sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 28 COLEBROOK CLOSE, 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 28 COLEBROOK CLOSE). 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 28 COLEBROOK CLOSE?

28 COLEBROOK CLOSE is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 28 on COLEBROOK CLOSE.