BRITOMART, WHEAL FORTUNE LANE, ILLOGAN HIGHWAY, REDRUTH, TR15 3ND - £169,000

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

BRITOMART is a midsized detached house of 99m², built sometime between 1950 and 1966. It was last sold for £169,000 in January 2015, which was around 41% below the average January 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was C.

BRITOMART Sold Prices

Land registry data shows three sales for BRITOMART 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 BRITOMART 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
2015 23 JAN	£169,000	£287,784	41% below HPI
1999 28 MAY	£58,000	£93,617	38% below HPI
1998 1 MAY	£44,000	£87,601	50% below HPI

BRITOMART 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 BRITOMART sales between May 1998 and January 2015 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 May 1999 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2015 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is BRITOMART?

BRITOMART is 99m² according to the EPC inspection conducted in July 2015. This puts it in the largest 50% of detached houses in Illogan Highway, based on EPC data. The below chart shows the distribution of detached houses by size in Illogan Highway, and where BRITOMART lies on this distribution: 53% of detached houses are smaller than BRITOMART, and 42% of houses are larger. Note that EPC data is not available for all properties in Illogan Highway.

BRITOMART: Plot and Title Map

BRITOMART sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of BRITOMART, 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 BRITOMART). 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 BRITOMART?

BRITOMART is located on WHEAL FORTUNE LANE in ILLOGAN HIGHWAY, in the TR15 postcode district. The below map shows the position of BRITOMART on WHEAL FORTUNE LANE.