3, VICTORIA MEWS, FOUR LANES, REDRUTH, TR16 6DR - £192,500

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 VICTORIA MEWS is a midsized detached house of 82m², which could now be worth an estimated £244,286. It was last sold for £192,500 in November 2018, which was around 44% below the average November 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was A.

3 VICTORIA MEWS Sold Prices

Land registry data shows two sales for 3 VICTORIA MEWS 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 VICTORIA MEWS 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 16 NOV	£192,500	£344,543	44% below HPI
2016 24 AUG	£185,000	£305,644	39% below HPI

3 VICTORIA MEWS 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 VICTORIA MEWS sales from August 2016 and November 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 August 2016 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 3 VICTORIA MEWS be worth now?

3 VICTORIA MEWS might now be worth an estimated £244,286.

This is based on house price inflation of 26.9%, between November 2018 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 26.9% inflationary increase is applied to the most recent sale price for 3 VICTORIA MEWS of £192,500 on 16th November 2018. For the value to have increased from £192,500 to £244,286 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 VICTORIA MEWS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2018 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 3 VICTORIA MEWS has not materially changed since November 2018.

How Large is 3 VICTORIA MEWS?

3 VICTORIA MEWS is 82m² according to the EPC inspection conducted in July 2016. This puts it in the largest 50% 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 VICTORIA MEWS lies on this distribution: 51% of detached houses houses are smaller than 3 VICTORIA MEWS, and 48% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

3 VICTORIA MEWS: Plot and Title Map

3 VICTORIA MEWS sits on a plot of roughly 93.1 acres, or 376,899m². The below map shows the location of 3 VICTORIA MEWS, 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 VICTORIA MEWS). 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 VICTORIA MEWS?

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