4, KNIGHTS WAY, MOUNT AMBROSE, REDRUTH, TR15 1NL - £285,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

4 KNIGHTS WAY is a large detached house of 102m², built sometime between 1991 and 1995. It was last sold for £285,000 in May 2006, which was around 6% above the average May 2006 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

4 KNIGHTS WAY Sold Prices

Land registry data shows three sales for 4 KNIGHTS WAY 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. Two of the three 4 KNIGHTS WAY sales were for above the average price, whilst one was 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 12 MAY	£285,000	£267,838	6% above HPI
2005 29 APR	£234,500	£253,505	7% below HPI
1997 27 FEB	£81,000	£77,551	4% above HPI

4 KNIGHTS WAY 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 KNIGHTS WAY sales between February 1997 and May 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 April 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2006 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 4 KNIGHTS WAY?

4 KNIGHTS WAY is 102m² according to the EPC inspection conducted in February 2024. This puts it in the largest 40% 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 KNIGHTS WAY lies on this distribution: 65% of detached houses are smaller than 4 KNIGHTS WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Redruth.

4 KNIGHTS WAY: Plot and Title Map

4 KNIGHTS WAY sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 4 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 4 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 4 KNIGHTS WAY?

4 KNIGHTS WAY is located in MOUNT AMBROSE, in the TR15 postcode district. The below map shows the position of No. 4 on KNIGHTS WAY.