BRAEMAR, CLIFTON ROAD, PARK BOTTOM, REDRUTH, TR15 3UD - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BRAEMAR is a small detached house of 86m², built sometime between 1983 and 1990. It was last sold for £230,000 in January 2012, which was around 15% below the average January 2012 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

BRAEMAR Sold Prices

Land registry data shows three sales for BRAEMAR 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. All of the three BRAEMAR 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
2012 27 JAN	£230,000	£269,821	15% below HPI
1999 27 AUG	£85,500	£98,105	13% below HPI
1996 8 NOV	£55,500	£75,607	27% below HPI

BRAEMAR 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 BRAEMAR sales between November 1996 and January 2012 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 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2012 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is BRAEMAR?

BRAEMAR is 86m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 40% of detached houses in Illogan, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan, and where BRAEMAR lies on this distribution: 37% of detached houses are smaller than BRAEMAR, and 63% of houses are larger. Note that EPC data is not available for all properties in Illogan.

BRAEMAR: Plot and Title Map

BRAEMAR sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of BRAEMAR, 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 BRAEMAR). 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 BRAEMAR?

BRAEMAR is located on CLIFTON ROAD in PARK BOTTOM, in the TR15 postcode district. The below map shows the position of BRAEMAR on CLIFTON ROAD.