CEDAR BRAE, REDMOOR CLOSE, KELLY BRAY, CALLINGTON, PL17 8DW - £327,000

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

CEDAR BRAE is a midsized extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £468,801. It was last sold for £327,000 in October 2016, which was around 6% above the average October 2016 detached price in the Cornwall local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

CEDAR BRAE Sold Prices

Land registry data shows four sales for CEDAR BRAE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Most of the four CEDAR BRAE sales 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
2016 28 OCT	£327,000	£309,703	6% above HPI
2012 6 JUL	£240,000	£282,597	15% below HPI
2004 23 JAN	£250,000	£229,875	9% above HPI
2000 7 JUL	£157,000	£116,510	35% above HPI

CEDAR BRAE 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 four CEDAR BRAE sales between July 2000 and October 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 July 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2016 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might CEDAR BRAE be worth now?

CEDAR BRAE might now be worth an estimated £468,801.

This is based on house price inflation of 43.4%, between October 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 43.4% inflationary increase is applied to the most recent sale price for CEDAR BRAE of £327,000 on 28th October 2016. For the value to have increased from £327,000 to £468,801 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of CEDAR BRAE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The October 2016 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of CEDAR BRAE has not materially changed since October 2016.

How Large is CEDAR BRAE?

CEDAR BRAE is 120m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the largest 50% of detached houses houses in Kelly Bray, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kelly Bray, and where CEDAR BRAE lies on this distribution: 55% of detached houses houses are smaller than CEDAR BRAE, and 45% of houses are larger. Note that EPC data is not available for all properties in Kelly Bray.

CEDAR BRAE: Plot and Title Map

CEDAR BRAE sits on a plot of roughly 3.5 acres, or 13,987m². The below map shows the location of CEDAR BRAE, 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 CEDAR BRAE). 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 CEDAR BRAE?

CEDAR BRAE is located on REDMOOR CLOSE in KELLY BRAY, in the PL17 postcode district. The below map shows the position of CEDAR BRAE on REDMOOR CLOSE.