3, HIGHER REDANNICK, TRURO, TR1 2DH - £190,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 HIGHER REDANNICK is a very small extended detached house of 58m², built sometime between 1900 and 1929, which could now be worth an estimated £254,038. It was last sold for £190,000 in January 2018, which was around 43% below the average January 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

3 HIGHER REDANNICK Sold Prices

Land registry data shows three sales for 3 HIGHER REDANNICK 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 HIGHER REDANNICK 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
2018 26 JAN	£190,000	£332,078	43% below HPI
2007 12 DEC	£215,000	£304,013	29% below HPI
2004 10 JUN	£163,000	£244,795	33% below HPI

3 HIGHER REDANNICK 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 HIGHER REDANNICK sales between June 2004 and January 2018 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 December 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2018 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 3 HIGHER REDANNICK be worth now?

3 HIGHER REDANNICK might now be worth an estimated £254,038.

This is based on house price inflation of 33.7%, between January 2018 and December 2024, 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 33.7% inflationary increase is applied to the most recent sale price for 3 HIGHER REDANNICK of £190,000 on 26th January 2018. For the value to have increased from £190,000 to £254,038 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 3 HIGHER REDANNICK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The January 2018 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGHER REDANNICK has not materially changed since January 2018.

How Large is 3 HIGHER REDANNICK?

3 HIGHER REDANNICK is 58m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses houses in Truro, based on EPC data. The below chart shows the distribution of detached houses houses by size in Truro, and where 3 HIGHER REDANNICK lies on this distribution: 1% of detached houses houses are smaller than 3 HIGHER REDANNICK, and 99% of houses are larger. Note that EPC data is not available for all properties in Truro.

3 HIGHER REDANNICK: Plot and Title Map

3 HIGHER REDANNICK sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 3 HIGHER REDANNICK, 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 HIGHER REDANNICK). 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 HIGHER REDANNICK?

3 HIGHER REDANNICK is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 3 on HIGHER REDANNICK.