6, LOWARTHOW MARGHAS, REDRUTH, TR15 2DZ - £155,000

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.

6 LOWARTHOW MARGHAS is a very small semi-detached house of 64m², built sometime between 2003 and 2006, which could now be worth an estimated £206,059. It was last sold for £155,000 in May 2019, which was around 29% below the average May 2019 semi-detached price in the Cornwall local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

6 LOWARTHOW MARGHAS Sold Prices

Land registry data shows two sales for 6 LOWARTHOW MARGHAS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 6 LOWARTHOW MARGHAS 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
2019 17 MAY	£155,000	£216,824	29% below HPI
2007 29 JUN	£119,000	£194,481	39% below HPI

6 LOWARTHOW MARGHAS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 6 LOWARTHOW MARGHAS sales from June 2007 and May 2019 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 June 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 6 LOWARTHOW MARGHAS be worth now?

6 LOWARTHOW MARGHAS might now be worth an estimated £206,059.

This is based on house price inflation of 32.9%, between May 2019 and February 2025, for semi-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 32.9% inflationary increase is applied to the most recent sale price for 6 LOWARTHOW MARGHAS of £155,000 on 17th May 2019. For the value to have increased from £155,000 to £206,059 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 6 LOWARTHOW MARGHAS has moved in line with the HPI for semi-detached houses in the Cornwall local authority area.
• The May 2019 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 6 LOWARTHOW MARGHAS has not materially changed since May 2019.

How Large is 6 LOWARTHOW MARGHAS?

6 LOWARTHOW MARGHAS is 64m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of semi-detached houses houses in Redruth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Redruth, and where 6 LOWARTHOW MARGHAS lies on this distribution: 15% of semi-detached houses houses are smaller than 6 LOWARTHOW MARGHAS, and 85% of houses are larger. Note that EPC data is not available for all properties in Redruth.

6 LOWARTHOW MARGHAS: Plot and Title Map

6 LOWARTHOW MARGHAS sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 6 LOWARTHOW MARGHAS, 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 6 LOWARTHOW MARGHAS). 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 6 LOWARTHOW MARGHAS?

6 LOWARTHOW MARGHAS is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 6 on LOWARTHOW MARGHAS.