5, PARK LEVEN, ILLOGAN, REDRUTH, TR16 4GA - £235,000

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.

5 PARK LEVEN is a midsized detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £378,985. It was last sold for £235,000 in February 2013, which was around 13% below the average February 2013 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

5 PARK LEVEN Sold Prices

Land registry data shows two sales for 5 PARK LEVEN 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 PARK LEVEN 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
2013 22 FEB	£235,000	£271,117	13% below HPI
1999 5 NOV	£92,500	£103,500	11% below HPI

5 PARK LEVEN 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 PARK LEVEN sales from November 1999 and February 2013 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 November 1999 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 5 PARK LEVEN be worth now?

5 PARK LEVEN might now be worth an estimated £378,985.

This is based on house price inflation of 61.3%, between February 2013 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 61.3% inflationary increase is applied to the most recent sale price for 5 PARK LEVEN of £235,000 on 22nd February 2013. For the value to have increased from £235,000 to £378,985 over the twelve years to February 2025, the following assumptions must hold true:

• The value of 5 PARK LEVEN has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The February 2013 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK LEVEN has not materially changed since February 2013.

How Large is 5 PARK LEVEN?

5 PARK LEVEN is 100m² according to the EPC inspection conducted in June 2012. This puts it in the largest 50% of detached houses houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Illogan, and where 5 PARK LEVEN lies on this distribution: 54% of detached houses houses are smaller than 5 PARK LEVEN, and 46% of houses are larger. Note that EPC data is not available for all properties in Illogan.

5 PARK LEVEN: Plot and Title Map

5 PARK LEVEN sits on a plot of roughly 0.151 of an acre, or 613m². The below map shows the location of 5 PARK LEVEN, 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 PARK LEVEN). 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 PARK LEVEN?

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