3, BORGWITHA ESTATE, FOUR LANES, REDRUTH, TR16 6QG - £167,500

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.

3 BORGWITHA ESTATE is a small extended detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £275,382. It was last sold for £167,500 in September 2009, which was around 37% below the average September 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

3 BORGWITHA ESTATE Sold Prices

Land registry data shows three sales for 3 BORGWITHA ESTATE 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 3 BORGWITHA ESTATE 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
2009 9 SEP	£167,500	£265,944	37% below HPI
1999 29 OCT	£57,000	£101,896	44% below HPI
1997 1 SEP	£43,500	£85,175	49% below HPI

3 BORGWITHA ESTATE 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 3 BORGWITHA ESTATE sales between September 1997 and September 2009 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 October 1999 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2009 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 BORGWITHA ESTATE be worth now?

3 BORGWITHA ESTATE might now be worth an estimated £275,382.

This is based on house price inflation of 64.4%, between September 2009 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 64.4% inflationary increase is applied to the most recent sale price for 3 BORGWITHA ESTATE of £167,500 on 9th September 2009. For the value to have increased from £167,500 to £275,382 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 BORGWITHA ESTATE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2009 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 3 BORGWITHA ESTATE has not materially changed since September 2009.

How Large is 3 BORGWITHA ESTATE?

3 BORGWITHA ESTATE is 69m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% of detached houses houses in Four Lanes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Four Lanes, and where 3 BORGWITHA ESTATE lies on this distribution: 29% of detached houses houses are smaller than 3 BORGWITHA ESTATE, and 71% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

3 BORGWITHA ESTATE: Plot and Title Map

3 BORGWITHA ESTATE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 3 BORGWITHA ESTATE, 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 3 BORGWITHA ESTATE). 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 3 BORGWITHA ESTATE?

3 BORGWITHA ESTATE is located in FOUR LANES, in the TR16 postcode district. The below map shows the position of No. 3 on BORGWITHA ESTATE.