57, KNIGHTS WAY, MOUNT AMBROSE, REDRUTH, TR15 1PA - £171,000

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.

57 KNIGHTS WAY is a very small detached house of 67m², built sometime between 1991 and 1995, which could now be worth an estimated £225,286. It was last sold for £171,000 in May 2018, which was around 48% below the average May 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

57 KNIGHTS WAY Sold Prices

Land registry data shows three sales for 57 KNIGHTS WAY 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. All of the three 57 KNIGHTS WAY 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
2018 11 MAY	£171,000	£331,874	48% below HPI
2006 23 NOV	£176,000	£286,027	38% below HPI
1998 11 DEC	£50,000	£92,158	46% below HPI

57 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 three 57 KNIGHTS WAY sales between December 1998 and May 2018 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 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the May 2018 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 57 KNIGHTS WAY be worth now?

57 KNIGHTS WAY might now be worth an estimated £225,286.

This is based on house price inflation of 31.7%, between May 2018 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 31.7% inflationary increase is applied to the most recent sale price for 57 KNIGHTS WAY of £171,000 on 11th May 2018. For the value to have increased from £171,000 to £225,286 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 57 KNIGHTS WAY has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The May 2018 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 57 KNIGHTS WAY has not materially changed since May 2018.

How Large is 57 KNIGHTS WAY?

57 KNIGHTS WAY is 67m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Redruth, and where 57 KNIGHTS WAY lies on this distribution: 18% of detached houses houses are smaller than 57 KNIGHTS WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Redruth.

57 KNIGHTS WAY: Plot and Title Map

57 KNIGHTS WAY sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 57 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 57 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 57 KNIGHTS WAY?

57 KNIGHTS WAY is located in MOUNT AMBROSE, in the TR15 postcode district. The below map shows the position of No. 57 on KNIGHTS WAY.