9, EAST PARK, REDRUTH, TR15 2DP - £235,000

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

9 EAST PARK is a small extended detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £298,917. It was last sold for £235,000 in September 2019, which was around 33% below the average September 2019 detached price in the Cornwall local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

9 EAST PARK Sold Prices

Land registry data shows two sales for 9 EAST PARK 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 9 EAST PARK 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
2019 20 SEP	£235,000	£349,063	33% below HPI
1998 4 JUN	£74,500	£89,781	17% below HPI

9 EAST PARK 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 9 EAST PARK sales from June 1998 and September 2019 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 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 9 EAST PARK be worth now?

9 EAST PARK might now be worth an estimated £298,917.

This is based on house price inflation of 27.2%, between September 2019 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 27.2% inflationary increase is applied to the most recent sale price for 9 EAST PARK of £235,000 on 20th September 2019. For the value to have increased from £235,000 to £298,917 over the four years and nine months to December 2024, the following assumptions must hold true:

• The value of 9 EAST PARK has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The September 2019 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 9 EAST PARK has not materially changed since September 2019.

How Large is 9 EAST PARK?

9 EAST PARK is 76m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% 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 9 EAST PARK lies on this distribution: 32% of detached houses houses are smaller than 9 EAST PARK, and 67% of houses are larger. Note that EPC data is not available for all properties in Redruth.

9 EAST PARK: Plot and Title Map

9 EAST PARK sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 9 EAST PARK, 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 9 EAST PARK). 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 9 EAST PARK?

9 EAST PARK is located in REDRUTH, in the TR15 postcode district. The below map shows the position of No. 9 on EAST PARK.