7, LOWARTHOW MARGHAS, REDRUTH, TR15 2DZ - £325,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 LOWARTHOW MARGHAS is a midsized detached house of 83m², built sometime from 2007 onwards, which could now be worth an estimated £333,206. It was last sold for £325,000 in June 2024, which was around 25% below the average June 2024 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

7 LOWARTHOW MARGHAS Sold Prices

Land registry data shows two sales for 7 LOWARTHOW MARGHAS 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 7 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
2024 14 JUN	£325,000	£433,069	25% below HPI
2009 4 DEC	£200,000	£270,396	26% below HPI

7 LOWARTHOW MARGHAS 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 7 LOWARTHOW MARGHAS sales from December 2009 and June 2024 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 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2024 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 7 LOWARTHOW MARGHAS be worth now?

7 LOWARTHOW MARGHAS might now be worth an estimated £333,206.

This is based on house price inflation of 2.5%, between June 2024 and December 2024, 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 2.5% inflationary increase is applied to the most recent sale price for 7 LOWARTHOW MARGHAS of £325,000 on 14th June 2024. For the value to have increased from £325,000 to £333,206 over the six months to December 2024, the following assumptions must hold true:

• The value of 7 LOWARTHOW MARGHAS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LOWARTHOW MARGHAS has not materially changed since June 2024.

How Large is 7 LOWARTHOW MARGHAS?

7 LOWARTHOW MARGHAS is 83m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% 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 7 LOWARTHOW MARGHAS lies on this distribution: 43% of detached houses houses are smaller than 7 LOWARTHOW MARGHAS, and 56% of houses are larger. Note that EPC data is not available for all properties in Redruth.

7 LOWARTHOW MARGHAS: Plot and Title Map

7 LOWARTHOW MARGHAS sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 7 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 7 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 7 LOWARTHOW MARGHAS?

7 LOWARTHOW MARGHAS is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 7 on LOWARTHOW MARGHAS.