7, POLBATHIC ROAD, REDRUTH, TR15 1PZ - £252,000

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.

7 POLBATHIC ROAD is a small detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £244,313. It was last sold for £252,000 in August 2023, which was around 44% below the average August 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

7 POLBATHIC ROAD Sold Prices

Land registry data shows three sales for 7 POLBATHIC ROAD 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 POLBATHIC ROAD 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
2023 4 AUG	£252,000	£450,988	44% below HPI
2021 16 APR	£199,999	£382,633	48% below HPI
1999 26 OCT	£56,000	£101,896	45% below HPI

7 POLBATHIC 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 three 7 POLBATHIC ROAD sales between October 1999 and August 2023 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 April 2021 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2023 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 7 POLBATHIC ROAD be worth now?

7 POLBATHIC ROAD might now be worth an estimated £244,313.

This is based on house price deflation of 3.1%, between August 2023 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 3.1% deflationary decrease is applied to the most recent sale price for 7 POLBATHIC ROAD of £252,000 on 4th August 2023. For the value to have decreased from £252,000 to £244,313 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 7 POLBATHIC ROAD has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2023 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 7 POLBATHIC ROAD has not materially changed since August 2023.

How Large is 7 POLBATHIC ROAD?

7 POLBATHIC ROAD is 72m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% 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 POLBATHIC ROAD lies on this distribution: 26% of detached houses houses are smaller than 7 POLBATHIC ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Redruth.

7 POLBATHIC ROAD: Plot and Title Map

7 POLBATHIC ROAD sits on a plot of roughly 0.042 of an acre, or 170m². The below map shows the location of 7 POLBATHIC 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 7 POLBATHIC 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 7 POLBATHIC ROAD?

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