5, FORTHVEOR, REDRUTH HIGHWAY, REDRUTH, TR15 1SB - £190,000

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 FORTHVEOR is a small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £190,000 in December 2010, which was around 32% below the average December 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

5 FORTHVEOR Sold Prices

Land registry data shows two sales for 5 FORTHVEOR since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 5 FORTHVEOR 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
2010 6 DEC	£190,000	£281,195	32% below HPI
2004 12 FEB	£161,000	£228,443	30% below HPI

5 FORTHVEOR 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 two 5 FORTHVEOR sales from February 2004 and December 2010 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 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2010 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 FORTHVEOR?

5 FORTHVEOR is 76m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 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 5 FORTHVEOR lies on this distribution: 34% of detached houses are smaller than 5 FORTHVEOR, and 66% of houses are larger. Note that EPC data is not available for all properties in Redruth.

5 FORTHVEOR: Plot and Title Map

5 FORTHVEOR sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 5 FORTHVEOR, 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 FORTHVEOR). 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 FORTHVEOR?

5 FORTHVEOR is located in REDRUTH HIGHWAY, in the TR15 postcode district. The below map shows the position of No. 5 on FORTHVEOR.