4, MARTINVALE AVENUE, MOUNT AMBROSE, REDRUTH, TR15 1QY - £249,950

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.

4 MARTINVALE AVENUE is a midsized detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £326,895. It was last sold for £249,950 in May 2019, which was around 25% below the average May 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

4 MARTINVALE AVENUE Sold Prices

Land registry data shows three sales for 4 MARTINVALE AVENUE 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 MARTINVALE AVENUE 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
2019 16 MAY	£249,950	£334,315	25% below HPI
2007 28 JUN	£225,000	£291,458	23% below HPI
2002 17 MAY	£117,950	£157,046	25% below HPI

4 MARTINVALE AVENUE 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 MARTINVALE AVENUE sales between May 2002 and May 2019 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 June 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 MARTINVALE AVENUE be worth now?

4 MARTINVALE AVENUE might now be worth an estimated £326,895.

This is based on house price inflation of 30.8%, between May 2019 and February 2025, for 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 30.8% inflationary increase is applied to the most recent sale price for 4 MARTINVALE AVENUE of £249,950 on 16th May 2019. For the value to have increased from £249,950 to £326,895 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 4 MARTINVALE AVENUE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2019 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 4 MARTINVALE AVENUE has not materially changed since May 2019.

How Large is 4 MARTINVALE AVENUE?

4 MARTINVALE AVENUE is 84m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 50% of detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redruth, and where 4 MARTINVALE AVENUE lies on this distribution: 45% of detached houses houses are smaller than 4 MARTINVALE AVENUE, and 54% of houses are larger. Note that EPC data is not available for all properties in Redruth.

4 MARTINVALE AVENUE: Plot and Title Map

4 MARTINVALE AVENUE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 4 MARTINVALE AVENUE, 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 MARTINVALE AVENUE). 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 MARTINVALE AVENUE?

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