88, SOUTHGATE STREET, REDRUTH, TR15 2ND - £240,000

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

88 SOUTHGATE STREET is a midsized detached house of 84m², built sometime between 1950 and 1966. It was last sold for £240,000 in May 2014, which was around 14% below the average May 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

88 SOUTHGATE STREET Sold Prices

Land registry data shows two sales for 88 SOUTHGATE STREET 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 88 SOUTHGATE STREET 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
2014 30 MAY	£240,000	£279,254	14% below HPI
2001 29 AUG	£97,500	£131,972	26% below HPI

88 SOUTHGATE STREET 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 88 SOUTHGATE STREET sales from August 2001 and May 2014 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 August 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2014 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 88 SOUTHGATE STREET?

88 SOUTHGATE STREET is 84m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 50% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where 88 SOUTHGATE STREET lies on this distribution: 46% of detached houses are smaller than 88 SOUTHGATE STREET, and 54% of houses are larger. Note that EPC data is not available for all properties in Redruth.

88 SOUTHGATE STREET: Plot and Title Map

88 SOUTHGATE STREET sits on a plot of roughly 0.313 of an acre, or 1,266m². The below map shows the location of 88 SOUTHGATE STREET, 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 88 SOUTHGATE STREET). 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 88 SOUTHGATE STREET?

88 SOUTHGATE STREET is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 88 on SOUTHGATE STREET.