3, FORTHVEOR, REDRUTH HIGHWAY, REDRUTH, TR15 1SB - £214,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 FORTHVEOR is a small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £214,000 in March 2012, which was around 21% below the average March 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

3 FORTHVEOR Sold Prices

Land registry data shows three sales for 3 FORTHVEOR 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 FORTHVEOR 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
2012 2 MAR	£214,000	£272,318	21% below HPI
2003 19 SEP	£160,000	£218,085	27% below HPI
1996 29 NOV	£60,000	£75,607	21% below HPI

3 FORTHVEOR 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 FORTHVEOR sales between November 1996 and March 2012 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 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2012 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 FORTHVEOR?

3 FORTHVEOR is 78m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 3 FORTHVEOR lies on this distribution: 37% of detached houses are smaller than 3 FORTHVEOR, and 63% of houses are larger. Note that EPC data is not available for all properties in Redruth.

3 FORTHVEOR: Plot and Title Map

3 FORTHVEOR sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 3 FORTHVEOR, 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 FORTHVEOR). 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 FORTHVEOR?

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