3, TREKYE CLOSE, FOUR LANES, REDRUTH, TR16 6QE - £140,000

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 TREKYE CLOSE is a large detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £203,031. It was last sold for £140,000 in June 2015, which was around 54% below the average June 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

3 TREKYE CLOSE Sold Prices

Land registry data shows three sales for 3 TREKYE 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 TREKYE 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
2015 23 JUN	£140,000	£301,492	54% below HPI
2002 9 JUL	£99,950	£167,868	40% below HPI
1999 29 OCT	£57,500	£101,896	44% below HPI

3 TREKYE 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 TREKYE CLOSE sales between October 1999 and June 2015 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 July 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2015 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 3 TREKYE CLOSE be worth now?

3 TREKYE CLOSE might now be worth an estimated £203,031.

This is based on house price inflation of 45%, between June 2015 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% inflationary increase is applied to the most recent sale price for 3 TREKYE CLOSE of £140,000 on 23rd June 2015. For the value to have increased from £140,000 to £203,031 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 3 TREKYE CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2015 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 3 TREKYE CLOSE has not materially changed since June 2015.

How Large is 3 TREKYE CLOSE?

3 TREKYE CLOSE is 97m² according to the EPC inspection conducted in May 2010. This puts it in the largest 40% of detached houses houses in Four Lanes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Four Lanes, and where 3 TREKYE CLOSE lies on this distribution: 68% of detached houses houses are smaller than 3 TREKYE CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

3 TREKYE CLOSE: Plot and Title Map

3 TREKYE CLOSE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 TREKYE 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 TREKYE 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 TREKYE CLOSE?

3 TREKYE CLOSE is located in FOUR LANES, in the TR16 postcode district. The below map shows the position of No. 3 on TREKYE CLOSE.