AMBERLEIGH, SOUTH ALBANY ROAD, REDRUTH, TR15 2PB - £330,000

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.

AMBERLEIGH is a very large detached house of 153m², built sometime between 1976 and 1982, which could now be worth an estimated £418,776. It was last sold for £330,000 in November 2018, which was around 4% below the average November 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

AMBERLEIGH Sold Prices

Land registry data shows three sales for AMBERLEIGH 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. One of the three AMBERLEIGH sales was for below the average price, whilst two were for above 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
2018 29 NOV	£330,000	£344,543	4% below HPI
1998 30 NOV	£135,000	£92,806	45% above HPI
1995 7 JUN	£100,000	£71,863	39% above HPI

AMBERLEIGH 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 AMBERLEIGH sales between June 1995 and November 2018 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 November 1998 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the November 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might AMBERLEIGH be worth now?

AMBERLEIGH might now be worth an estimated £418,776.

This is based on house price inflation of 26.9%, between November 2018 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 26.9% inflationary increase is applied to the most recent sale price for AMBERLEIGH of £330,000 on 29th November 2018. For the value to have increased from £330,000 to £418,776 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of AMBERLEIGH has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2018 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of AMBERLEIGH has not materially changed since November 2018.

How Large is AMBERLEIGH?

AMBERLEIGH is 153m² according to the EPC inspection conducted in October 2018. This puts it in the largest 20% 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 AMBERLEIGH lies on this distribution: 90% of detached houses houses are smaller than AMBERLEIGH, and 10% of houses are larger. Note that EPC data is not available for all properties in Redruth.

AMBERLEIGH: Plot and Title Map

AMBERLEIGH sits on a plot of roughly 0.328 of an acre, or 1,329m². The below map shows the location of AMBERLEIGH, 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 AMBERLEIGH). 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 AMBERLEIGH?

AMBERLEIGH is located on SOUTH ALBANY ROAD in REDRUTH, in the TR15 postcode district. The below map shows the position of AMBERLEIGH on SOUTH ALBANY ROAD.