Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 CARDREW DRIVE is a midsized detached house of 87m², built sometime between 1991 and 1995. It was last sold for £280,000 in January 2023, which was around 38% below the average January 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 4 CARDREW DRIVE since 1st 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 CARDREW DRIVE 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 |
---|---|---|---|
2023 6 JAN | £280,000 | £449,782 | 38% below HPI |
2017 6 SEP | £185,000 | £321,865 | 43% below HPI |
2006 6 MAR | £174,950 | £259,241 | 33% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 4 CARDREW DRIVE sales between March 2006 and January 2023 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 September 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the January 2023 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
4 CARDREW DRIVE is 87m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 50% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 4 CARDREW DRIVE lies on this distribution: 49% of detached houses are smaller than 4 CARDREW DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Redruth.
4 CARDREW DRIVE sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 4 CARDREW DRIVE, 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 CARDREW DRIVE). 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.
4 CARDREW DRIVE is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 4 on CARDREW DRIVE.