5, KNIGHTS WAY, MOUNT AMBROSE, REDRUTH, TR15 1NL - £235,000

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 KNIGHTS WAY is a midsized detached house of 96m², built sometime between 1983 and 1990. It was last sold for £235,000 in July 2010, which was around 15% below the average July 2010 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was C.

5 KNIGHTS WAY Sold Prices

Land registry data shows two sales for 5 KNIGHTS WAY 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. One of the two 5 KNIGHTS WAY sales was for below the average price, whilst the other 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
2010 22 JUL	£235,000	£276,747	15% below HPI
1996 9 DEC	£82,250	£75,408	9% above HPI

5 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 two 5 KNIGHTS WAY sales from December 1996 and July 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 December 1996 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2010 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 5 KNIGHTS WAY?

5 KNIGHTS WAY is 96m² according to the EPC inspection conducted in May 2010. This puts it in the largest 50% 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 KNIGHTS WAY lies on this distribution: 58% of detached houses are smaller than 5 KNIGHTS WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Redruth.

5 KNIGHTS WAY: Plot and Title Map

5 KNIGHTS WAY sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 5 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 5 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 5 KNIGHTS WAY?

5 KNIGHTS WAY is located in MOUNT AMBROSE, in the TR15 postcode district. The below map shows the position of No. 5 on KNIGHTS WAY.