54, TOWN FARM, REDRUTH, TR15 2XG - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

54 TOWN FARM is a midsized detached house of 81m², built sometime between 1976 and 1982. It was last sold for £290,000 in October 2022, which was around 36% below the average October 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

54 TOWN FARM Sold Prices

Land registry data shows five sales for 54 TOWN FARM since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the five 54 TOWN FARM 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
2022 4 OCT	£290,000	£456,640	36% below HPI
2021 20 DEC	£260,000	£409,308	36% below HPI
2021 19 JAN	£235,000	£377,341	38% below HPI
2010 11 MAR	£175,000	£273,789	36% below HPI
1997 31 JUL	£58,950	£80,895	27% below HPI

54 TOWN FARM 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 five 54 TOWN FARM sales between July 1997 and October 2022 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 2021 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2022 sale, which was also at 36% below the HPI.

How Large is 54 TOWN FARM?

54 TOWN FARM is 81m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 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 54 TOWN FARM lies on this distribution: 40% of detached houses are smaller than 54 TOWN FARM, and 58% of houses are larger. Note that EPC data is not available for all properties in Redruth.

54 TOWN FARM: Plot and Title Map

54 TOWN FARM sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 54 TOWN FARM, 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 54 TOWN FARM). 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 54 TOWN FARM?

54 TOWN FARM is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 54 on TOWN FARM.