3, PENHALIGON CLOSE, REDRUTH, TR15 2HN - £370,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

3 PENHALIGON CLOSE is a large extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £370,000 in April 2022, which was around 14% below the average April 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

3 PENHALIGON CLOSE Sold Prices

Land registry data shows three sales for 3 PENHALIGON CLOSE 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 PENHALIGON CLOSE 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
2022 28 APR	£370,000	£428,019	14% below HPI
2018 16 NOV	£255,000	£339,199	25% below HPI
2012 11 DEC	£190,000	£267,018	29% below HPI

3 PENHALIGON CLOSE 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 PENHALIGON CLOSE sales between December 2012 and April 2022 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 November 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 PENHALIGON CLOSE?

3 PENHALIGON CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% 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 PENHALIGON CLOSE lies on this distribution: 75% of detached houses are smaller than 3 PENHALIGON CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Redruth.

3 PENHALIGON CLOSE: Plot and Title Map

3 PENHALIGON CLOSE sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of 3 PENHALIGON CLOSE, 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 PENHALIGON CLOSE). 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 PENHALIGON CLOSE?

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