4, BROAD LANE, ILLOGAN, REDRUTH, TR15 3HY - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 BROAD LANE is a small extended detached house of 84m², built sometime between 1976 and 1982. It was last sold for £260,000 in April 2006, which was around 2% below the average April 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

4 BROAD LANE Sold Prices

Land registry data shows three sales for 4 BROAD LANE 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 4 BROAD LANE 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 25 APR	£260,000	£263,962	2% below HPI
2001 23 NOV	£140,000	£141,481	1% below HPI
2000 17 NOV	£115,000	£122,731	6% below HPI

4 BROAD LANE 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 4 BROAD LANE sales between November 2000 and April 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 2001 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2006 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 4 BROAD LANE?

4 BROAD LANE is 84m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where 4 BROAD LANE lies on this distribution: 33% of detached houses are smaller than 4 BROAD LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Illogan.

4 BROAD LANE: Plot and Title Map

4 BROAD LANE sits on a plot of roughly 0.345 of an acre, or 1,395m². The below map shows the location of 4 BROAD LANE, 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 4 BROAD LANE). 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 4 BROAD LANE?

4 BROAD LANE is located in ILLOGAN, in the TR15 postcode district. The below map shows the position of No. 4 on BROAD LANE.