59, PARK ROAD, REDRUTH, TR15 2JG - £610,000

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

59 PARK ROAD is a very large extended detached house of 209m², built sometime before 1900. It was last sold for £610,000 in April 2022, which was around 43% above the average April 2022 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

59 PARK ROAD Sold Prices

Land registry data shows two sales for 59 PARK ROAD 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 59 PARK ROAD sales were 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
2022 29 APR	£610,000	£427,134	43% above HPI
2019 11 FEB	£370,000	£334,777	11% above HPI

59 PARK ROAD 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 59 PARK ROAD sales from February 2019 and April 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 February 2019 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2022 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 59 PARK ROAD?

59 PARK ROAD is 209m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 59 PARK ROAD lies on this distribution: 97% of detached houses are smaller than 59 PARK ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Redruth.

59 PARK ROAD: Plot and Title Map

59 PARK ROAD sits on a plot of roughly 0.391 of an acre, or 1,582m². The below map shows the location of 59 PARK ROAD, 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 59 PARK ROAD). 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 59 PARK ROAD?

59 PARK ROAD is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 59 on PARK ROAD.