5, COLBORNE AVENUE, ILLOGAN, REDRUTH, TR16 4EB - £330,000

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

5 COLBORNE AVENUE is a large detached house of 108m², built sometime between 1967 and 1975. It was last sold for £330,000 in August 2021, which was around 14% below the average August 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

5 COLBORNE AVENUE Sold Prices

Land registry data shows three sales for 5 COLBORNE 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. Two of the three 5 COLBORNE AVENUE sales were for below the average price, whilst one was for above 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
2021 6 AUG	£330,000	£382,558	14% below HPI
2003 31 OCT	£100,000	£220,779	55% below HPI
1998 28 AUG	£94,500	£90,247	5% above HPI

5 COLBORNE 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 5 COLBORNE AVENUE sales between August 1998 and August 2021 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 October 2003 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the August 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 5 COLBORNE AVENUE?

5 COLBORNE AVENUE is 108m² according to the EPC inspection conducted in February 2021. This puts it in the largest 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 5 COLBORNE AVENUE lies on this distribution: 61% of detached houses are smaller than 5 COLBORNE AVENUE, and 37% of houses are larger. Note that EPC data is not available for all properties in Illogan.

5 COLBORNE AVENUE: Plot and Title Map

5 COLBORNE AVENUE sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 5 COLBORNE 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 5 COLBORNE 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 5 COLBORNE AVENUE?

5 COLBORNE AVENUE is located in ILLOGAN, in the TR16 postcode district. The below map shows the position of No. 5 on COLBORNE AVENUE.