BURLESCOMBE, MOUNT CARBIS ROAD, REDRUTH, TR15 2LD - £199,950

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

BURLESCOMBE is a small extended detached house of 78m², built sometime between 1930 and 1949. It was last sold for £199,950 in October 2023, which was around 55% below the average October 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

BURLESCOMBE Sold Prices

Land registry data shows two sales for BURLESCOMBE 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 BURLESCOMBE 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
2023 23 OCT	£199,950	£444,397	55% below HPI
2016 10 AUG	£132,000	£300,903	56% below HPI

BURLESCOMBE 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 BURLESCOMBE sales from August 2016 and October 2023 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 2016 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the October 2023 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is BURLESCOMBE?

BURLESCOMBE is 78m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where BURLESCOMBE lies on this distribution: 36% of detached houses are smaller than BURLESCOMBE, and 63% of houses are larger. Note that EPC data is not available for all properties in Redruth.

BURLESCOMBE: Plot and Title Map

BURLESCOMBE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of BURLESCOMBE, 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 BURLESCOMBE). 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 BURLESCOMBE?

BURLESCOMBE is located on MOUNT CARBIS ROAD in REDRUTH, in the TR15 postcode district. The below map shows the position of BURLESCOMBE on MOUNT CARBIS ROAD.