7, BORGWITHA ESTATE, FOUR LANES, REDRUTH, TR16 6QG - £162,500

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

7 BORGWITHA ESTATE is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £162,500 in July 2015, which was around 45% below the average July 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

7 BORGWITHA ESTATE Sold Prices

Land registry data shows three sales for 7 BORGWITHA ESTATE 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 7 BORGWITHA ESTATE 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
2015 14 JUL	£162,500	£297,102	45% below HPI
2012 24 FEB	£142,000	£273,603	48% below HPI
1997 15 AUG	£48,950	£83,288	41% below HPI

7 BORGWITHA ESTATE 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 7 BORGWITHA ESTATE sales between August 1997 and July 2015 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 2012 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the July 2015 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 7 BORGWITHA ESTATE?

7 BORGWITHA ESTATE is 62m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses in Four Lanes, based on EPC data. The below chart shows the distribution of detached houses by size in Four Lanes, and where 7 BORGWITHA ESTATE lies on this distribution: 19% of detached houses are smaller than 7 BORGWITHA ESTATE, and 81% of houses are larger. Note that EPC data is not available for all properties in Four Lanes.

7 BORGWITHA ESTATE: Plot and Title Map

7 BORGWITHA ESTATE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 7 BORGWITHA ESTATE, 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 7 BORGWITHA ESTATE). 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 7 BORGWITHA ESTATE?

7 BORGWITHA ESTATE is located in FOUR LANES, in the TR16 postcode district. The below map shows the position of No. 7 on BORGWITHA ESTATE.