CORNERWAYS, WEST TREVINGEY, REDRUTH, TR15 3DJ - £320,000

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

CORNERWAYS is a very large detached house of 183m². It was last sold for £320,000 in March 2020, which was around 7% below the average March 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

CORNERWAYS Sold Prices

Land registry data shows two sales for CORNERWAYS 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 CORNERWAYS 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
2020 27 MAR	£320,000	£342,697	7% below HPI
2014 16 JUL	£249,950	£281,141	11% below HPI

CORNERWAYS 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 CORNERWAYS sales from July 2014 and March 2020 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 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is CORNERWAYS?

CORNERWAYS is 183m² according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of detached houses in Redruth, based on EPC data. The below chart shows the distribution of detached houses by size in Redruth, and where CORNERWAYS lies on this distribution: 94% of detached houses are smaller than CORNERWAYS, and 5% of houses are larger. Note that EPC data is not available for all properties in Redruth.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

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