3, BOSVEAN GARDENS, PAYNTERS LANE, REDRUTH, TR16 4DH - £79,000

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

3 BOSVEAN GARDENS is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £79,000 in January 2001, which was around 33% below the average January 2001 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

3 BOSVEAN GARDENS Sold Prices

Land registry data shows two sales for 3 BOSVEAN GARDENS 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 3 BOSVEAN GARDENS 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
2001 11 JAN	£79,000	£118,375	33% below HPI
1998 27 APR	£52,000	£86,256	40% below HPI

3 BOSVEAN GARDENS 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 3 BOSVEAN GARDENS sales from April 1998 and January 2001 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 April 1998 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the January 2001 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 3 BOSVEAN GARDENS?

3 BOSVEAN GARDENS is 70m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where 3 BOSVEAN GARDENS lies on this distribution: 14% of detached houses are smaller than 3 BOSVEAN GARDENS, and 85% of houses are larger. Note that EPC data is not available for all properties in Illogan.

3 BOSVEAN GARDENS: Plot and Title Map

3 BOSVEAN GARDENS sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 3 BOSVEAN GARDENS, 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 BOSVEAN GARDENS). 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 BOSVEAN GARDENS?

3 BOSVEAN GARDENS is located in PAYNTERS LANE, in the TR16 postcode district. The below map shows the position of No. 3 on BOSVEAN GARDENS.