Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
73 KNIGHTS WAY is a small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £246,000 in February 2017, which was around 20% below the average February 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 73 KNIGHTS WAY since 1st 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 73 KNIGHTS WAY 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 |
---|---|---|---|
2017 28 FEB | £246,000 | £308,028 | 20% below HPI |
2014 26 JUN | £212,500 | £277,730 | 23% below HPI |
2003 14 OCT | £167,950 | £220,779 | 24% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 73 KNIGHTS WAY sales between October 2003 and February 2017 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 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
73 KNIGHTS WAY is 76m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 73 KNIGHTS WAY lies on this distribution: 32% of detached houses are smaller than 73 KNIGHTS WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Redruth.
73 KNIGHTS WAY sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 73 KNIGHTS WAY, 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 73 KNIGHTS WAY). 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.
73 KNIGHTS WAY is located in MOUNT AMBROSE, in the TR15 postcode district. The below map shows the position of No. 73 on KNIGHTS WAY.