4, HIGHER REDANNICK, TRURO, TR1 2DH - £320,000

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 HIGHER REDANNICK is a small detached house of 95m², built sometime between 1930 and 1949. It was last sold for £320,000 in December 2020, which was around 16% below the average December 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was B.

4 HIGHER REDANNICK Sold Prices

Land registry data shows three sales for 4 HIGHER REDANNICK 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 HIGHER REDANNICK 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
2020 21 DEC	£320,000	£379,621	16% below HPI
2018 16 FEB	£225,000	£327,866	31% below HPI
1997 15 JUL	£70,500	£80,895	13% below HPI

4 HIGHER REDANNICK 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 HIGHER REDANNICK sales between July 1997 and December 2020 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 February 2018 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 4 HIGHER REDANNICK?

4 HIGHER REDANNICK is 95m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 4 HIGHER REDANNICK lies on this distribution: 28% of detached houses are smaller than 4 HIGHER REDANNICK, and 71% of houses are larger. Note that EPC data is not available for all properties in Truro.

4 HIGHER REDANNICK: Plot and Title Map

4 HIGHER REDANNICK sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 4 HIGHER REDANNICK, 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 HIGHER REDANNICK). 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 HIGHER REDANNICK?

4 HIGHER REDANNICK is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 4 on HIGHER REDANNICK.