3, CARDREW DRIVE, REDRUTH, TR15 1QF - £177,500

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 CARDREW DRIVE is a large detached house of 115m², built sometime between 2003 and 2006, which could now be worth an estimated £258,851. It was last sold for £177,500 in June 2016, which was around 41% below the average June 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

3 CARDREW DRIVE Sold Prices

Land registry data shows two sales for 3 CARDREW DRIVE 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 CARDREW DRIVE 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
2016 29 JUN	£177,500	£299,819	41% below HPI
2006 17 MAR	£164,950	£263,325	37% below HPI

3 CARDREW DRIVE 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 CARDREW DRIVE sales from March 2006 and June 2016 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 2006 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 3 CARDREW DRIVE be worth now?

3 CARDREW DRIVE might now be worth an estimated £258,851.

This is based on house price inflation of 45.8%, between June 2016 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 45.8% inflationary increase is applied to the most recent sale price for 3 CARDREW DRIVE of £177,500 on 29th June 2016. For the value to have increased from £177,500 to £258,851 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 3 CARDREW DRIVE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2016 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CARDREW DRIVE has not materially changed since June 2016.

How Large is 3 CARDREW DRIVE?

3 CARDREW DRIVE is 115m² according to the EPC inspection conducted in January 2009. This puts it in the largest 30% 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 3 CARDREW DRIVE lies on this distribution: 77% of detached houses houses are smaller than 3 CARDREW DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Redruth.

3 CARDREW DRIVE: Plot and Title Map

3 CARDREW DRIVE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 3 CARDREW DRIVE, 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 CARDREW DRIVE). 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 CARDREW DRIVE?

3 CARDREW DRIVE is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 3 on CARDREW DRIVE.