9, LOWARTHOW MARGHAS, REDRUTH, TR15 2DZ - £225,000

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 LOWARTHOW MARGHAS is a large detached house of 103m², built sometime from 2007 onwards. It was last sold for £225,000 in October 2014, which was around 24% below the average October 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

9 LOWARTHOW MARGHAS Sold Prices

Land registry data shows two sales for 9 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 9 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
2014 15 OCT	£225,000	£295,316	24% below HPI
2008 20 AUG	£225,000	£285,743	21% below HPI

9 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 9 LOWARTHOW MARGHAS sales from August 2008 and October 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 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 9 LOWARTHOW MARGHAS be worth now?

9 LOWARTHOW MARGHAS might now be worth an estimated £338,284.

This is based on house price inflation of 50.3%, between October 2014 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 50.3% inflationary increase is applied to the most recent sale price for 9 LOWARTHOW MARGHAS of £225,000 on 15th October 2014. For the value to have increased from £225,000 to £338,284 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 9 LOWARTHOW MARGHAS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2014 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 9 LOWARTHOW MARGHAS has not materially changed since October 2014.

How Large is 9 LOWARTHOW MARGHAS?

9 LOWARTHOW MARGHAS is 103m² according to the EPC inspection conducted in July 2019. This puts it in the largest 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 LOWARTHOW MARGHAS lies on this distribution: 66% of detached houses houses are smaller than 9 LOWARTHOW MARGHAS, and 32% of houses are larger. Note that EPC data is not available for all properties in Redruth.

9 LOWARTHOW MARGHAS: Plot and Title Map

9 LOWARTHOW MARGHAS sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 9 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 9 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 9 LOWARTHOW MARGHAS?

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