31, KNIGHTS WAY, MOUNT AMBROSE, REDRUTH, TR15 1NL - £148,500

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.

31 KNIGHTS WAY is a very small semi-detached house of 68m², built sometime between 1983 and 1990, which could now be worth an estimated £248,076. It was last sold for £148,500 in February 2006, which was around 14% below the average February 2006 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

31 KNIGHTS WAY Sold Prices

Land registry data shows four sales for 31 KNIGHTS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. All of the four 31 KNIGHTS WAY 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
2006 8 FEB	£148,500	£172,548	14% below HPI
2003 21 NOV	£123,000	£143,573	14% below HPI
2001 7 SEP	£66,500	£84,577	21% below HPI
1997 25 JUL	£43,000	£51,234	16% below HPI

31 KNIGHTS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The four 31 KNIGHTS WAY sales between July 1997 and February 2006 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 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2006 sale, which was also at 14% below the HPI.

What might 31 KNIGHTS WAY be worth now?

31 KNIGHTS WAY might now be worth an estimated £248,076.

This is based on house price inflation of 67.1%, between February 2006 and February 2025, for semi-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 67.1% inflationary increase is applied to the most recent sale price for 31 KNIGHTS WAY of £148,500 on 8th February 2006. For the value to have increased from £148,500 to £248,076 over the nineteen years to February 2025, the following assumptions must hold true:

• The value of 31 KNIGHTS WAY has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The February 2006 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 31 KNIGHTS WAY has not materially changed since February 2006.

How Large is 31 KNIGHTS WAY?

31 KNIGHTS WAY is 68m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of semi-detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redruth, and where 31 KNIGHTS WAY lies on this distribution: 19% of semi-detached houses houses are smaller than 31 KNIGHTS WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Redruth.

31 KNIGHTS WAY: Plot and Title Map

31 KNIGHTS WAY sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 31 KNIGHTS WAY, 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 31 KNIGHTS WAY). 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 31 KNIGHTS WAY?

31 KNIGHTS WAY is located in MOUNT AMBROSE, in the TR15 postcode district. The below map shows the position of No. 31 on KNIGHTS WAY.