CARBYS, WEST PARK, REDRUTH, TR15 3AJ - £295,000

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

CARBYS is a very large extended detached house of 165m², built sometime between 1930 and 1949, which could now be worth an estimated £436,867. It was last sold for £295,000 in June 2016, which was around 2% below the average June 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

CARBYS Sold Prices

Land registry data shows three sales for CARBYS 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 CARBYS 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
2016 10 JUN	£295,000	£299,819	2% below HPI
2006 14 DEC	£277,500	£284,469	2% below HPI
2005 11 NOV	£205,000	£265,882	23% below HPI

CARBYS 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 CARBYS sales between November 2005 and June 2016 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 December 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2016 sale, which was also at 2% below the HPI.

What might CARBYS be worth now?

CARBYS might now be worth an estimated £436,867.

This is based on house price inflation of 48.1%, between June 2016 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 48.1% inflationary increase is applied to the most recent sale price for CARBYS of £295,000 on 10th June 2016. For the value to have increased from £295,000 to £436,867 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of CARBYS has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The June 2016 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of CARBYS has not materially changed since June 2016.

How Large is CARBYS?

CARBYS is 165m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 10% 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 CARBYS lies on this distribution: 92% of detached houses houses are smaller than CARBYS, and 8% of houses are larger. Note that EPC data is not available for all properties in Redruth.

CARBYS: Plot and Title Map

CARBYS sits on a plot of roughly 175.2 acres, or 708,904m². The below map shows the location of CARBYS, 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 CARBYS). 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 CARBYS?

CARBYS is located on WEST PARK in REDRUTH, in the TR15 postcode district. The below map shows the position of CARBYS on WEST PARK.